Govt chaos over fuel, tax hikes risk Greek-style crisis

Bulgaria needs a comprehensive strategy rather than reactive policies to address fuel supply concerns stemming from international penalties, according to Martin Dimitrov, a legislator representing We Continue the Change-Democratic Bulgaria. Speaking with Bulgarian National Radio, Dimitrov outlined necessary actions during the current crisis.

The parliament member called for immediate inventory checks with penalties for traders failing to maintain required reserves. He emphasized authorities should secure supplies through March instead of stopping at December. Dimitrov criticized the cabinet for disorganized responses and stressed that appointing a special administrator for Lukoil-Bulgaria should occur only after exhausting opportunities for outside investment. He noted the government must identify qualified candidates beforehand if such intervention becomes unavoidable.

Dimitrov also warned about the Budget 2026 proposals he considers hazardous. A 10 percent increase in social security contributions would force typical households to pay roughly 100 leva more monthly. Doubling the dividend tax from 5 percent to 10 percent would discourage investors. Sharp expansion of maximum social security thresholds presents additional concerns. The lawmaker cautioned that these measures could push the country toward economic difficulties similar to those experienced by Romania and Greece.