The business will not be affected by a price cap, caretaker Minister of Economy, Nikola Stoyanov, has told Nova TV. He commented on the draft law on food prices, published for public consultation, according to which 17 basic food products will have markup of not more than 10%.
Checks have shown that some markups now reach 70-80%. "We understand that this is an anti-market measure and that is why we proposed just 17 types of essential goods to be included in it," the minister said. Traders will be obliged to keep stocks, Minister Stoyanov also said.
Translation: Al. MarkovSofia is the best city in Europe to retire to, according to a survey by the business solutions company Moneypenny, Forbes writes. The survey takes into account factors such as average cost of living, retirement savings needed, and a variety of..
The Bulgarian National Bank has lowered the base interest rate for the second consecutive month. As of August 1, it stands at 3.53%, down from 3.63% in July. Since the end of 2023, the base interest rate has been gradually falling. From February..
Moody's expects Bulgaria to join the Eurozone no later than the beginning of 2026. According to the rating agency, the growth of the Bulgarian economy in 2024 will be 2.9%. The ongoing domestic political crisis and the likelihood of new early elections..
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