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

Deputy PM Hristo Alexiev: Bulgaria has the cheapest fuel in Europe

According to Deputy Prime Minister for Economic Policies and Minister of Transport and Communications Hristo Alexiev, Bulgaria has the cheapest fuel in Europe.
Photo: mtc.government.bg

The policy of the caretaker government in the processing and export of fuels aims to ensure more affordable prices for consumers and compliance with the EU legal framework, Hristo Alexiev, Deputy Prime Minister for Economic Policies and Minister of Transport and Communications told journalists. 

In his words, Bulgaria currently has the cheapest fuel in Europe. A decision of the Council of Ministers to allow the export of fuels produced at the refinery in Burgas (petrol, fuel oil, gas oil) has been put forward for public discussion. 

Alexiev emphasized that the export or re-export of crude oil from Bulgaria is absolutely prohibited, but this does not apply to the export of oil products. The deputy prime minister pointed out that if fuels were processed on a larger scale, the refinery could afford better prices for consumers.




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

Inflation expectations for next 12 months rise among Bulgarians

The total consumer confidence indicator, or, in other words, consumers’ assessment of their economic future in Bulgaria and the current economic situation continues to fall, dropping by 4.7 points in July 2025, to minus 21.1 percent, National..

published on 8/8/25 2:41 PM

75,000 Bulgarians receive pensions from abroad

The National Social Security Institute pays 16,000 out of the total of almost 2 million pensions to Bulgarians abroad. The biggest number of Bulgarian pensioners lives in Germany – 4,100. There is one Bulgarian pensioner living in South Korea and one..

published on 8/8/25 1:20 PM

The 15% tariffs will reduce Bulgarian exports to the US by 1/3 and national GDP by 0.35%

The expected decline in Bulgarian exports to the US due to the new tariffs is about 32.8%. This is 1.5 percent of the country's total exports, says Deputy Minister of Economy and Industry Doncho Barbalov. The decline in Bulgarian GDP in 2025 due to the..

published on 8/8/25 10:38 AM