Seasonal fuel price hikes in Bulgaria ‘could be affected by Ukraine’ – report

Written by on May 5, 2014 in Bulgaria - Comments Off on Seasonal fuel price hikes in Bulgaria ‘could be affected by Ukraine’ – report

Bulgaria is expected to see the customary fuel price increases in late June with the beginning of the summer holiday season, but while increases in the prices of petrol and diesel may be no more than a few cents, the deepening crisis in Ukraine could push them up further.

This is according to analysts quoted in a report by local television station bTV.

In Bulgaria, fuel prices tend to rise each year at the beginning of summer, as motorists travelling to the seaside and popular holiday destinations such as Greece push up demand.

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(Photo: Kiril Havezov/sxc.hu)

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