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

Minister of Finance does not expect fuel price rise caused by the conflict in the Middle East

Photo: BTA

The state has enough financial reserves for unforeseen expenses despite the deepening conflict in the Middle East, Minister of Finance Assen Vassilev has told BNR. He does not expect a shock rise of fuel prices but if it happened, there would be a reaction. "Most probably some kind of compensatory measures for the citizens will have to be introduced so that the price is not an excessive burden for them. However, this is an unlikely scenario at the moment," the minister added.

Speaking about the request of GERB and MRF that Bulgaria should stop importing Russian oil by the end of this year, which differs from the decision adopted in the National Assembly that the derogation for Lukoil should continue until October 2024, Assen Vassilev said that there were no guarantees whether the refinery in Burgas would be able to secure sufficient reliable supplies.



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

Phenomena STEAM Museum opens in Sofia

Sofia has a new spot for curious minds. Phenomena is a museum where science and art come together — a place to experiment, discover, and get hands-on with the wonders of how the world works. Rooted in the spirit of STEAM education — that’s Science,..

published on 11/2/25 11:05 AM

A politician, diplomats and military figures: the heroes of Sofia's new museum.

‘In my view, the period between Bulgaria’s liberation and 1944 was especially significant because I believe that the country was then on the right developmental path,’ says collector Filip Milanov. ‘That era produced many people of exceptional integrity..

published on 11/2/25 10:15 AM

Fearless Bulgarian Women Who Said “No” to the Rules

On 1 November, Bulgaria’s National Awakeners' Day, Sofia’s Gina Kuncheva Square will come alive in a truly remarkable way. From midday, the Oborishte Municipality and the Buditelkite Foundation will unveil the country’s first interactive outdoor museum,..

published on 11/1/25 7:40 AM