Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Minister of Economy: Caretaker government has tamed soaring energy prices

Nikola Stoyanov
Photo: Savina Spasova, BNR

Bulgarian economy has been very stable since 2021, despite the crises, with very high growth in both exports and imports. In the last quarter of 2021, GDP grew by more than 10%. 

World Trade Organisation data for the first half of 2022 also show that the Bulgarian economy is growing, Minister of Economy Nikola Stoyanov told BNR. Expectations of an increase in the number of job cuts also did not materialise

According to the minister, inflation is expected to go down and energy prices are contained. The caretaker government has prepared measures that will lead to a lasting drop in fuel prices. Among them is seizing excess profits not only of electricity producers but also of fuel producers, the latter also concerning oil producer Lukoil.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Borislav Sarafov, Acting Prosecutor General

Acting Prosecutor General has appealed against the termination of the process to elect his successor

Acting Prosecutor-General Borislav Sarafov has appealed against the decision by the Plenum of the Supreme Judicial Council (SJC) to suspend the procedure for the election of the Chief Prosecutor, reports BNR journalist Silvia Velikova. The Plenum of..

published on 2/6/25 4:53 PM
Vazrazhdane MP Daniel Petrov

Vazrazhdane party calls for ban on RES on agricultural land

Vazrazhdane is renewing its initiative to ban the construction of photovoltaic and wind power plants on agricultural land owned by municipalities and the state . Speaking on the sidelines of the National Assembly, the party's deputy Daniel Petrov..

published on 2/6/25 4:34 PM

Eurostat: Bulgaria has the lowest minimum wage in the EU

In January 2025, Bulgaria had the lowest minimum wage among EU member states - 551 euros , according to Eurostat data . Luxembourg had the highest - 2 638 euro per month. Over the past decade, since 2015, the minimum wage in Bulgaria has increased..

published on 2/6/25 3:14 PM