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Natural gas continues to drop in price

Natural gas prices will continue to fall in the next two months . The Bulgarian gas company Bulgargaz submitted to the Commission for Energy and Water Regulation (KEVR) an application for approval of a price for June 2023 in the amount of 35 euros per..

11.05.23 19:05 |
Георги Ангелов

Economist: Grain prices will continue to drop

"The farmers' problem is not related to imports from Ukraine, which are minimal - 0.3% of Bulgarian production. This is the opinion of Georgi Angelov, senior economist at the Open Society Institute. "When Ukrainian grain imports are stopped, it will..

19.04.23 15:45 |
Nikola Stoyanov

Government is aware that the markup cap is an ‘anti-market measure’

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..

10.04.23 10:33 |

Caretaker cabinet to present electronic platform for comparing prices in retail chains

Today , the caretaker cabinet is to present the electronic platform for comparing   prices in retail chains, said Deputy Premier and Minister of Transport , Information Technology and Communications Hristo Alexiev. He explained that the..

24.03.23 05:05 |

Prime Minister Galab Donev: "Bankruptcy of the state" is just a media headline

The state finances are stable and there is no threat to the currency board, to the lev-euro exchange rate, to wages and pensions , caretaker Prime Minister Galab Donev said in an interview with Nova TV. According to him, in the..

18.03.23 12:15 |

Eurostat: Annual inflation in Bulgaria has gone up more than four-fold

Annual inflation in Bulgaria has gone up more than four-fold in 2022 as compared to 2021, Eurostat data show.  In 2022, EU annual inflation reached the highest level ever measured at 9.2%. Compared with 2021, when the annual value was 2.9%, it more..

09.03.23 16:31 |

Bulgaria's government wants to reduce food prices by at least 20 percent

Mass retail chains in Bulgaria are currently putting an 80-90% markup on food products , caretaker Economy Minister Nikola Stoyanov told Nova TV.  The caretaker cabinet is planning to introduce a "ceiling" on the trade markup of up to 20 or 25% ...

07.03.23 11:01 |

Possible reduction in price of goods due to speculation will occur in the summer at the earliest

In three months at the earliest, it is expected that the state measures against speculation will yield results and the goods whose prices are the result of unfair trade practices will decrease in price , Stoil Alipiev, chairman of the Commission for..

06.03.23 16:33 |
Agriculture Minister Yavor Gechev

Annual food inflation is 24.5%, Agriculture Minister Yavor Gechev says

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..

02.03.23 15:08 |

30% of retailers expect more price increases, NSI survey says

According to the National Statistical Institute's traditional business climate survey, 30% of retailers believe prices will continue to rise over the next three months. Entrepreneurs in the four sectors monitored - retail, services, construction and..

28.02.23 14:17 |
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