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

Slight drop in temperature on Monday

Sunny weather will prevail on Monday. There will be more significant increases in cloudiness over the northern and eastern regions of Bulgaria in the afternoon and over mountainous regions. Rainfalls are possible in some places...

published on 8/4/24 6:05 PM
Slavi Trifonov

ITN returns the mandate for cabinet unfulfilled and new elections are forthcoming

Tomorrow, ITN will return to President Rumen Radev the third mandate for forming a government that has not been fulfilled, the leader of the party Slavi Trifonov announced on his Facebook page. Slavi Trifonov recalled the..

published on 8/4/24 4:20 PM

Most of the unemployed have no professional qualifications

Most unemployed people in Bulgaria do not have a professional qualification, the Employment Agency reports. For just a year, the number of people without special skills increased by 8% and is nearly 87 thousand. The data also..

published on 8/4/24 3:41 PM