Nikola Stoyanov, the minister of economy and industry, stated, “Bulgaria and the entire Europe faced an extreme inflation in fuel and energy prices, but things are coming to normal now, and I don’t expect them to up”. According to Stoyanov, the peak of inflation has passed. He emphasizes that Bulgaria needs a stable government with a longer horizon. Still, in the meanwhile, Bulgaria has the chance to experience significant development, not a downturn.
He remarked that the quantity of gas had been guaranteed for the upcoming winter, and there was no need to worry about gas supplies as the issue had definitely been solved. Bulgaria will receive almost one-third of the volumes through the interconnector with Greece and the recent agreement with Azerbaijan.
The economy minister believes that Bulgaria continues to satisfy all of its contractual responsibilities. Targetting Gazprom, The energy minister stated that Bulgaria didn’t shut any doors for oil and gas firms in different regions of the globe. Bulgaria can deal with anyone interested in selling gas for a reasonable price.
According to Stoyanov, the caretaker government plans to propose that the 25-cent-per-litre fuel tax remains in place, but he added that the parliament, which is scheduled to gather this week, will have the last say. The economic minister believes that the measure clear and immediate continue, but the finance minister should specify how long it will last.
According to Stoyanov, Ilham Aliyev was also involved in developing the gas-for-electricity barter concept. He added that additional quantities of gas have nothing to do with this. He clarified that if Bulgaria successfully lures several such businesses, it will improve the country’s economic situation and emphasize the export of Bulgarian goods, to give people jobs, enabling them to work hard and expand into new markets.
Stoyanov added, “Our current objective is to draw in as many quality investments as possible. To draw in investments that create more employment, “Minister Stoyanov added that he would soon make judgments about where to direct his hunt for new investments”.