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

Caretaker prime minister reports on the work of the government

There is a high probability that this would be the last regular meeting of the Council of Ministers, caretaker Prime Minister Dimitar Glavchev said at the beginning of the meeting. He wished to report on the activities of the..

published on 8/7/24 12:44 PM
Mariya Gabriel

Mariya Gabriel could replace Mircea Geoană as NATO Deputy Secretary General

Former Bulgarian European Commissioner Mariya Gabriel could become the new NATO Deputy Secretary General. The information about the candidacy has been confirmed by Sofia and Brussels, BGNES reported.  According to Bulgarian media,..

updated on 8/7/24 11:41 AM

Dangerous fire near Sakar mountain now under control, combating the flames in Slavyanka continues

The fire, which was the reason for emergency situation to be declared in the municipalities of Harmanli and Topolovgrad on Wednesday, is now under control, the head of the Haskovo fire department, Mitko Chakalov, reported. The flames..

published on 8/7/24 10:50 AM