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PM Kiril Petkov addressing the forum

In times of conflict economic interdependence becomes vulnerability

The war waged by Russia in Ukraine and its consequences for Bulgaria and Europe were at the focus of attention at the annual business meeting with the government. The 12 th edition of the forum, organized by Capital newspaper, took place in..

16.03.22 14:14 |
Assen Vassilev

Assen Vassilev: Bulgaria’s government has developed an action plan should Russian gas stop flowing into the country

Bulgaria will change the macroeconomic framework of the state budget because of the war in Ukraine, Deputy Premier and Minister of Finance Assen Vassilev said . The government is plannning to set aside buffers to cope with the refugee..

15.03.22 15:08 |
Minister of Finance Assen Vassilev

Assen Vassilev: Bulgaria will need between EUR 25 million and EUR 50 million to provide refugees with assistance

Bulgaria will need between EUR 25 million and EUR 50 million to provide refugees with assistance, this country’s Deputy Premier and Minister of Finance Assen Vassilev said for the BNR. In his words, the government will not reduce capital expenditure..

13.03.22 13:48 |
Bulgaria does not plan to close thermal power plants, Deputy Prime Minister Assen Vassilev said in parliament.

Bulgaria does not plan to close thermal power plants to meet EU's Green Deal

The power plants in Maritsa coal basin will continue to operate at a capacity of 1,600 megawatts. Bulgaria does not plan to close thermal power plants , as announced by the caretaker government in line with the EU Green Deal and the National..

11.03.22 13:32 |

Bulgaria and Greece in negotiations over construction of new nuclear power plant

Bulgaria is negotiating with Greece to build a new nuclear power plant on Bulgarian territory. It will also be used by neighbouring countries under a long-term 20-year contract . It is being specified where it will be built, Deputy Prime Minister and..

28.02.22 11:07 |
Assen Vassilev

Finance Minister Assen Vassilev is not expecting double-digit inflation

“We are not going to have double-digit inflation in the country,” Deputy Prime Minister and Minister of Finance Assen Bassilev stated in response to criticism during the discussion of the draft state budget in parliament. Minister Vassilev..

23.02.22 17:44 |
Finance Minister Assen Vassilev

Financing for defence could be increased provided there are concrete projects: Finance Minister

“The financing for defence could be increased, provided there are concrete projects,” Deputy Prime Minister and Minister of Finance Assen Vassilev stated today, and added that if there are Ministry of Defence projects which have not been presented..

18.02.22 12:58 |
Assen Vassilev

Assen Vassilev: My visit to the USA was connected with Bulgaria’s energy security

Bulgaria will develop new nuclear generating capacity and this is envisaged by the coalition agreement, Deputy Prime Minister and Minister of Finance Assen Vassilev said in the National Assembly. In his words, the purpose of his visit to the United..

17.02.22 15:09 |
The Bulgarian delegation in front of the monument to Vasil Levski in Washington

The meetings of the Bulgarian delegation in the United States continue

Bulgaria's Finance and Energy Ministers Assen Vassilev and Alexander Nikolov discussed the diversification of energy supplies to Bulgaria at the White House in Washington. This was also a leading topic during the meetings in the departments of energy..

16.02.22 09:33 |
Minister of Finance Assen Vassilev (L) and Energy Minister Alexander Nikolov

Bulgarian economic delegation pays visit to USA

Deputy Prime Minister and Minister of Finance Assen Vassilev is on a visit to Washington DC, together with Energy Minister Alexander Nikolov and managers from Kozloduy NPP, Bulgargaz and Bulgartransgaz. They are to hold meetings at the White..

14.02.22 11:06 |
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