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

Finance Minister: The cancellation of the derogation for Russian oil will not affect the Bulgarian market

Finance Minister Assen Vassilev
Photo: BGNES-archive

The definitive lift of the derogation for Russian oil from March 1, 2024 should not affect the Bulgarian market and lead to price increases, Bulgaria’s Minister of Finance Assen Vassilev told journalists in Blagoevgrad, the BTA reported. The reason for his comment was the agreement between GERB-SDS, We Continue the Change - Democratic Bulgaria and the Movement for Rights and Freedoms to cancel the derogation for Russian oil in two steps. The first step is the suspension of export quotas from January 1, 2024. The second step is the definitive abolition of the derogation from March 1, 2024. According to Assen Vassilev, Lukoil Neftohim Burgas' warning for forced shutdown of production is an attempt to instill fear. ‘'If there is non-Russian oil, it can safely be exported’', Assen Vassilev explained, as quoted by BNR-Horizont.



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

Radoslava Nedyalkova from Milan is "Bulgarian Woman of the Year-2023"

Radoslava Nedyalkova from Milan was chosen as "Bulgarian Woman of the Year-2023" among the 24 nominated compatriots from 19 countries. The distinction in the name of St. Zlata Maglenska was awarded today at a solemn ceremony at UNWE..

published on 10/18/24 4:07 PM
Minister of Innovation and Growth  Rosen Karadimov

IT professionals authenticate machine voting devices for the election

A total of 259 reports of vote buying for the early parliamentary elections on October 27 have been submitted to the Ministry of Interior. 70 pre-trial proceedings have been initiated, 36 people have been detained, Minister of the..

published on 10/18/24 3:50 PM
Mira Koseva

Bulgarian sixth grader becomes champion in international English language competition

Sixth-grader Mira Koseva won the title of "Global Winner" at the Kangaroo Global Linguistics 2024. She placed first in level A1 and won the highest award for Bulgaria, the Ministry of Education and Culture announced. Mira studies..

published on 10/18/24 3:11 PM