Text size

Minister of Economy: Caretaker government has tamed soaring energy prices

published on 10/30/22 1:25 PM

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!

Radio Bulgaria News crisis energy inflation Nikola Stoyanov

More from category

Bulgaria supports the membership of Serbia and Kosovo in the International Organization of La Francophonie

Caretaker Minister of Foreign Affairs Ivan Kondov is leading the Bulgarian delegation at the 45th session of the Ministerial Conference of La Francophonie, which will be held on October 3 in Paris, the Foreign Ministry announced. The foreign ministers..

published on 10/3/24 10:16 AM

Bulgaria’s Ministry of Foreign Affairs calls on Bulgarian citizens in Iran to leave the country

Bulgaria’s Ministry of Foreign Affairs calls on Bulgarian citizens in Iran to leave the country immediately due to the escalation of tensions in the Middle East, the Situation Center announced on the Foreign Ministry’s website. Bulgarian citizens in..

published on 10/3/24 9:41 AM

Atanas Zapryanov describes as fake news the reports about terrorist threats against BiH from Bulgarian territory

Bulgaria’s Minister of Defence Atanas Zapryanov described as fake news the reports about terrorist threats against Bosnia and Herzegovina (BiH) from Bulgarian territory. ''Bulgaria contributes to the peace and security of Bosnia and Herzegovina by..

published on 10/3/24 9:21 AM

WEATHER

Pick city: Sofía

Mostly Cloudy
Min: 13 | Max: 26

BULGARIA IN PICTURES

Which world-famous Bulgarian artist designed QSL cards for Radio Bulgaria?

Share

Minister of Economy: Caretaker government has tamed soaring energy prices

More from category

Bulgaria supports the membership of Serbia and Kosovo in the International Organization of La Francophonie

Bulgaria’s Ministry of Foreign Affairs calls on Bulgarian citizens in Iran to leave the country

Atanas Zapryanov describes as fake news the reports about terrorist threats against BiH from Bulgarian territory

Prime Minister Glavchev: Currently there is no threat to the security of the country

Daytime temperatures on the rise, no precipitation on Thursday

Bulgaria supports the membership of Serbia and Kosovo in the International Organization of La Francophonie