Text size

Minister of Economy: Caretaker government has tamed soaring energy prices

published on 10/30/22 1:25 PM

Nikola Stoyanov

Photo: Savina Spasova, BNR

Bulgarian economy has been very stable since 2021, despite the crises, with very high growth in both exports and imports. In the last quarter of 2021, GDP grew by more than 10%.

World Trade Organisation data for the first half of 2022 also show that the Bulgarian economy is growing, Minister of Economy Nikola Stoyanov told BNR. Expectations of an increase in the number of job cuts also did not materialise.

According to the minister, inflation is expected to go down and energy prices are contained. The caretaker government has prepared measures that will lead to a lasting drop in fuel prices. Among them is seizing excess profits not only of electricity producers but also of fuel producers, the latter also concerning oil producer Lukoil.

Последвайте ни и в Google News Showcase, за да научите най-важното от деня!

Radio Bulgaria News crisis energy inflation Nikola Stoyanov

More from category

The Central Election Commission (CEC) receives the results of the recount in 2,204 polling stations

The deadline that the Central Election Commission (CEC) had given to the Information Service (IS) to receive the final recalculated data from the last parliamentary elections has been met . By 9 am this morning, they were sent to the CEC. The..

published on 3/12/25 10:14 AM

Velichie party hold protest in front of GERB leader Borissov’s house in Bankya

On the evening of March 11, the Velichye party held a protest rally from the center of Sofia to the house of GERB party leader Boyko Borisov in Bankya. The protesters expressed their dissatisfaction with the counting of votes in the parliamentary..

published on 3/12/25 9:57 AM

European Human Rights Court declares another church lawsuit against Bulgaria illegitimate

The European Court of Human Rights (ECHR) has declared the complaint of the Orthodox Christian Church and Others v. Bulgaria inadmissible. The decision was made unanimously on March 6 and is final, the Ministry of Justice announced. The reason..

published on 3/12/25 9:17 AM