The annual food inflation is 24.5% for January, Minister of Agriculture in the caretaker government Yavor Gechev announced at a press conference on the measures aimed at curbing the high prices of food in chain stores. The peak was reached in November when the rate reached 26.1%. Inspections ascertained unexplainable margins for some products such as eggs, butter, cheese etc. With the use of unfair practices, chain stores are encouraging consumers to buy at inflated prices. For example, the price of some commodity is advertised as being "the lowest only today”. In practice, the price is neither the lowest, nor only today, it is 20-30% higher than at rival stores.
Bilateral relations between Bulgaria and Argentina have received a new impetus for development following the visit of an Argentine delegation from the Chaco province to Bulgaria at the beginning of November . High-ranking officials from the..
Employers are contesting the rise of the minimum wage. The Bulgarian Industrial Capital Association announced that they filed a complaint in the Supreme Administrative Court. About 430,000 people in the country work for minimum wage...
If the political crisis continues, the lost benefits will reach a threshold after which the Bulgarian business will begin to lose competitiveness due to growing deficits in education, healthcare, infrastructure, regional development and demographics...
Mostly Cloudy
Partly Cloudy