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

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