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

Bulgaria insists on building bridges over the Danube near Silistra and Nikopol

More bridges over the Danube are not just a bilateral issue between Bulgaria and Romania – they are a strategic priority for the prosperity of the entire EU and for our collective security within NATO.  This was emphasized by Deputy Prime Minister..

published on 11/6/25 8:46 AM

Bulgaria and North Macedonia sign an agreement on building a railway tunnel between the two countries

Today, the deputy PMs and ministers of transport of Bulgaria and North Macedonia Grozdan Karadjov and Aleksandar Nikoloski will sign an agreement on the preparation, construction and operation of a cross-border railway tunnel between the two..

published on 11/6/25 7:15 AM

Ex-PM Boyko Borisov: Delyan Peevski is unfairly sanctioned under the Magnitsky Act

GERB leader Boyko Borisov has told the media that he personally participated in talks with American representatives on the lifting of the Magnitsky sanctions against Bulgarian citizens. He said that he also spoke on the subject with David Cameron while..

published on 11/5/25 9:04 PM