The Commission on Protection of Competition has cancelled the Ministry of Economy’s initiative “Available to you” which aimed to lower the prices of around 50 products from the small consumer basket at chain stores.
The initiative was supposed to have been launched on 1 November. According to the regulator, the initiative will result in restricting price competition among traders and is a violation of the constitutional principles of free economic initiative. The Commission is recommending “providing individual food packages and a warm lunch” as a way of coping with the increase in prices.
“The initiative is good, it is European and does not distort competition in any way, but it is very much delayed – by one year,” Assoc. Prof. Ognyan Boyukliev from the Bulgarian Academy of Sciences’ Economic Research Institute commented for the BNR. “It is a good thing there will be no price caps. Price caps were put in place in Hungary that have already been done away with because they led to shortages,” Assoc. Prof. Ognyan Boyukliev said.
The Ministry of Economy said that they would not give up the initiative aimed at achieving better prices for consumers. "We have created a basis for competition between the various participants in the initiative for these 50 essential products," Minister of Economy Bogdan Bogdanov said in a televised interview. According to him, talks on the topic between the ministry and the Commission for the Protection of Competition are forthcoming.
An impromptu fashion show with the participation of girls from social services and graduates from the 2nd Sofia Secondary School “Acad. Emilian Stanev” will take place today in the capital’s Space in the Largo zone. The event is part of the campaign of..
Under the title “Together against cruelty! New threats and effective solutions in animal protection”, an international conference will be held in Sofia, organized by Emil Radev, MEP and Vice-Chair of the Intergroup for the Protection of Animals in the..
On Monday before noon, sunny weather will prevail . In the afternoon, it will mainly rain in the southern half of the country. Minimum temperatures will be between 6°C and 11°C, in Sofia - about 6°C, and highs - between 16°C and 21°C, in..
Public transport workers in Sofia have announced a protest for Wednesday, 14 May, which is expected to cause significant disruption before noon. Although..
Bulgarian President Rumen Radev submitted to the 51st National Assembly a proposal to hold a national referendum with the question "Do you agree that..
The Bulgarian Border Police received and presented today 34 unmanned aerial systems capable of quickly scanning large areas. They are equipped with an..
sunshine, cloud, rain and thunder
Partly cloudy, chance of rain
Partly Cloudy
Mostly Cloudy