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. Markov
Housing loans in Bulgaria increased by 24.8% year-on-year, reaching BGN 22.3 billion (EUR 11.4 billion) by the end of June 2024, according to the BGNES news agency. Consumer loans also rose by 14% year-on-year compared to June 2023, reaching BGN..
Bulgaria’s real GDP growth is expected to stand at 2.1% in 2024, indicates the macroeconomic forecast of the Bulgarian National Bank (BNB) in June. Bulgaria’s real GDP growth is expected to stand at 2.1 per cent in 2024, driven by the positive..
The caretaker government has instructed Deputy PM and Minister of Finance Lyudmila Petkova to submit, by 11 September, a proposal for amending the REpowerEU chapters of the recovery and resilience plan. This is being done so as to make the..
Partly cloudy, chance of rain
sunshine, cloud, rain and thunder
Thunderstorms 