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

Bulgaria to support the European Union's 11th package of sanctions against Russia

Caretaker Minister of Economy Nikola Stoyanov
Photo: BGNES

We are not faced with the dilemma whether to support the European Union's 11th package of sanctions against Russia. Bulgaria will support the sanctions as usual. The 11th package of sanctions is aimed at limiting the possibilities of circumventing the existing sanctions, caretaker Minister of Economy Nikola Stoyanov said in Parliament.

According to the analysis of the Ministry of Economy, the impact on the Bulgarian economy of the previous sanctions is insignificant. In 2022, Bulgaria's exports to Russia have decreased by less than 2%. Over the past 10 years, Bulgaria's trade with Russia has been around 5-6% of its total trade. In Minister Stoyanov’s words, Bulgaria should prepare to limit fuel imports from Russia, because the EU derogation expires at the end of 2024.




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

Diyan Stamatov

School principals, teachers and parents demand a ban on TikTok

School principals, teachers and parents are demanding a complete ban on the social network TikTok in Bulgaria . The reason is the incidents that have not passed by Bulgarian children in an attempt to complete the "Superman" and "Spiderman" challenges...

published on 12/16/24 11:48 AM

Bulgaria's Еconomic and Social Council proposes urgent change in European planning regions

The country's Е conomic and Social Council  has adopted a statement on the "Planning Regions in Bulgaria" and proposes their change in order to promote regional development . The Economic and Social Council believes that there is a serious imbalance..

published on 12/16/24 11:07 AM

There is no threat to the Bulgarian coast from the spill of Russian oil near Kerch, says ex-environment minister

There is no threat to the Bulgarian Black Sea coast following the spill of Russian oil in the Kerch Strait connecting the Black Sea and the Sea of Azov,  former Bulgarian Minister of the Environment Borislav Sandov commented for the Bulgarian National..

published on 12/16/24 10:42 AM