Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Finance Minister Assen Vassilev expects inflation rate to subside in April

Assen Vassilev
Photo: BGNES, archive

“Inflation is approximately within average European norms. We are 2% over the EU average. We expect the peak to be reached in March-April, after which inflation will begin to calm down. That is when energy prices will also begin to go down and we shall approximate the European inflation average,” said Deputy Prime Minister and Minister of Finance Assen Vassilev in an interview for 24 Chasa newspaper. A significant part of the inflation in the country is imported because we are pegged to the euro, Minister Vassilev added.

In his words, the projects set down for building, within four years, new bridges over the River Danube, tunnels, motorways and other infrastructure projects are feasible and alongside the European funding, the country will be able to allocate around EUR 6 billion for them. 



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

Daniel Mitov

Daniel Mitov withdraws candidacy for foreign minister in caretaker cabinet

Until the moment the president issues a decree, the old cabinet ministers shall perform their duties, commented caretaker Prime Minister Dimitar Glavchev on his way out of the presidency. PM Glavchev offers replacement of the caretaker..

published on 4/19/24 12:02 PM
Council of Ministers building

Bulgaria is ready to react if the situation in the Middle East escalates, the caretaker government says

In connection with the situation in the Middle East, caretaker Prime Minister Dimitar Glavchev and the government are in constant coordination with the institutions concerned and the security services, and are monitoring the situation. The country is..

published on 4/19/24 9:20 AM

Bulgarian singers support the European campaign #UseYourVoice

The Bureau of the European Parliament in Bulgaria is organising a #UseYourVoice concert to support the campaign for the European Parliament elections on 9 June this year. Young singers Dara, Preya, Dara Ekimova and Tino will perform tonight on the stage..

published on 4/19/24 7:10 AM