The ninety-day fuel reserves should not be used to reduce prices, but should be preserved as a buffer in case of physical shortage. This was stated by the caretaker Minister of Energy Traycho Traykov to journalists after the opening of the National Radioactive Waste Repository.
According to him, the increased fuel prices have not significantly affected consumption.
Traykov pointed out that the measures taken by the Bulgarian government are functioning effectively, noting that in a number of other countries they change frequently, depending on the results.
The principles we followed in the design of the measures remain valid - these are targeted measures, the caretaker minister emphasized.
The minister announced that in the coming days approval of the notification to the European Commission is expected, which will allow the launch of a scheme to support the energy-intensive industry. According to him, companies have been waiting for this measure for a long time in order to preserve jobs and remain competitive.
Traykov stressed that all measures to compensate for the high fuel prices are financed with public funds.
Our goal is for the money to go where it has the greatest potential to do one - two things. First - to support the most vulnerable and, second, to prevent inflationary pressure.
According to him, the state should not try to determine or create prices, as this does not lead to sustainable results. He added that Bulgaria manages to maintain some of the lowest fuel prices in Europe through a combination of different measures.
According to Traykov, administrative or so-called forceful measures can lead to deficits and difficulties in supply chains, which ultimately leads to higher prices.
The minister noted that the approach applied by Bulgaria is considered good practice within the entire European Union.
/BP/