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

Bulgarian government discusses compensations for citizens because of high fuel prices

Photo: library

In order to address the rising prices of fuel, the government has been considering 50 liters of fuel per citizen a month to be at a lower price, Deputy Minister of Energy Plamen Danailov has told Nova TV. The measure provides for a discount of about 13 euro cents per liter for gasoline and diesel.

According to Danailov, this would apply to individuals, and the discount would be received directly at the time of charging. The scheme is similar to the compensations and aid received for electricity, Danailov said, expressing hope that all details with traders would be clarified within this month and that the measure would take effect next month.

These compensations are part of the anti-inflation measures that the government envisages together with the abolition of the excise duty on natural gas as a motor fuel. It also plans to reduce VAT on deliveries of natural gas from 20 to 9%. According to Deputy Prime Minister Assen Vassilev, the package will total between 750 million to 1 billion euros and the abolition of the excise tax on natural gas used as motor fuel will cost the budget about 2.8 million euros.




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

Hungarian Minister of Interior Sandor Pinter

Romania and Bulgaria have a chance to join Schengen by land as of January 2025

Romania and Bulgaria have a chance to join the Schengen area by land as  of January 2025 , Hungarian Interior Minister Sándor Pinter said after an informal meeting in Budapest of the interior ministers of Hungary, Bulgaria, Romania and Austria ...

published on 11/22/24 4:37 PM

Sofia Christmas festival will kick off tonight in front of National Palace of Culture

The Sofia Christmas Festival will open tonight in the park in front of the National Palace of Culture in the heart of Sofia . The third edition of the festival starts at 6.30 pm with a rich program and attractions - а Ferris wheel, a carousel and..

published on 11/22/24 4:24 PM

MPs fail to elect a Speaker of Parliament at fifth attempt

Yet another, already fifth attempt by MPs to elect a Parliamentary Speaker has failed. Four candidates were put to the vote - Natalia Kiselova from BSP-Unified Left, Petar Petrov from Vazrazhdane, Raya Nazaryan from GERB and Silvi Kirilov from ITN...

published on 11/22/24 3:40 PM