Asen Vasilev, appointed Minister of Economy, Energy and Tourism in Bulgaria's caretaker government, has suggested that it is unrealistic to assume that the problems in the energy sector could be resolved during a term in office of only 60 days.

Vasilev took over the post from his successor Delyan Dobrev at an official ceremony on Wednesday.

He vowed to focus on priority tasks such as the finalization of ongoing audits, the completion of an international audit of the energy sector, the return to transparency and the promotion of an informed public debate on appropriate measures in the field.

Vasilev noted that he would announce the members of his team in the next few days, without specifying whether the current panel of Deputy Ministers would be kept.

He argued that there was no way to achieve economic development and an increase in Bulgarians' incomes solely through low prices, Novinite.com reports.