Cabinet Moves Forward on Bulgaria’s OECD and Eurozone Integration Efforts
The Bulgarian government has adopted decisions related to the country’s accession to the eurozone and the Organization for Economic Cooperation and Development (OECD)
Bulgarian Finance Minister Assen Vassilev addressed critical issues in an interview, highlighting key government objectives and measures to stabilize fuel prices amidst evolving situations.
Vassilev emphasized the government's commitment to objectives outlined in the program, including Schengen and euro area membership and enhancing citizens' incomes, set within an 18-month timeline.
Regarding Parliament's decision on the Russian oil derogation bill, Vassilev explained the move to halt exports, preventing money flow to Russia from January 1. Additionally, he highlighted the March 1 deadline for a complete cessation of the derogation, allowing a transition to non-Russian oil without fuel supply disruption.
Highlighting the need for time to ensure stable fuel prices, Vassilev mentioned comprehensive risk analysis by pertinent ministries and security services, outlining an optimal program based on these evaluations.
Addressing budget concerns, the Minister addressed revenue adjustments due to transmission fee inclusions and stated plans for resubmitting the revised state budget to parliament. He assured a capital program update upon realization of these revenues.
On the recent protests against the Bulgarian Football Union, Vassilev condemned the unrest, citing the need for civility, expressing concern over fan violence and police action.
Responding to calls for the Interior Minister's resignation, Vassilev deferred to the Prime Minister's authority in managing the team.
Bulgarian President Rumen Radev stated that there is now political will at the highest level to address the conflict in Ukraine through diplomatic means
During his participation in the 61st Munich Security Conference, Bulgarian President Rumen Radev commented on the shifting perspective regarding the situation in Ukraine
A recent survey in Bulgaria reveals a clear preference among citizens for the European Union and NATO over Russia, with nearly twice as many respondents supporting the Western alliances
Vice President Iliana Yotova expressed optimism that Bulgaria could join the eurozone next year
Former Prime Minister and current leader of the Bulgarian political party "We Continue the Change," Kiril Petkov, is facing charges in connection with the controversial arrest of GERB leader Boyko Borissov on March 17, 2022
President Rumen Radev will attend the 61st Munich Security Conference
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