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

The assassination attempt on Donald Trump sparks reactions among Bulgarian politicians

Bulgarian politicians and institutions have condemned the assassination attempt on Donald Trump. "We are deeply shocked by the horrific attack on former President Donald Trump during a campaign event. We express condolences to the victim and..

updated on 7/14/24 1:24 PM
Commissioner for Innovation, Research, Culture, Education and Youth Iliana Ivanova

Commissioner Iliana Ivanova: Bulgaria may lose funds under the Recovery and Resilience Plan

Our country is at real risk of losing funds under the Recovery and Resilience Plan, European Commissioner for Innovation, Research, Culture, Education and Youth Iliana Ivanova said for bTV. In her words, the political situation in the country..

published on 7/14/24 11:35 AM

Four Bulgarian districts are still affected by fires

Seven fires are burning in forest areas in the districts of Plovdiv, Haskovo, Kyustendil and Yambol, the Executive Forests Agency said. In Hisarya Municipality, volunteers are being recruited to combat the fire in the villages of Mihiltsi and..

published on 7/14/24 10:23 AM