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An ordinance for monitoring food prices from the producer to the store is being finalised

An ordinance for monitoring food prices from the producer to the store is being finalised. The Ministry of Economy and the Ministry of Finance are to give the draft ordinance a final touch before it is submitted to the Council of Ministers, caretaker..

21.03.23 19:46 |

President Rumen Radev expects the government's measures to normalize the market

Bulgaria's head of state Rumen Radev expects the measures taken by the caretaker cabinet to reduce the prices of food products will lead to normalization of the market , BTA reported. Before the annual awards ceremony for responsible business, in..

14.03.23 19:50 |

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 |

Food prices in Bulgaria continue to rise

The wholesale prices of food have risen in the past week as well, according to the State Commission for Commodity Exchanges and Markets. Greenhouse tomatoes, cucumbers, carrots, oranges, rice, cow's cheese, chicken meat, flour are becoming more..

05.03.23 18:05 |
Galab Donev

Galab Donev: The State will have a discussion with the retail chains, not a war

A National Coordination Unit will monitor and control food prices . An order to this effect was signed today by caretaker Prime Minister Galab Donev. He noted that the rise in food prices is a pressing problem for many Bulgarians.  Bulgaria’s..

01.03.23 16:55 |

The egg as a symbol of high inflation

According to data of the National Statistical Institute, 30% of retailers in Bulgaria expect that prices in this country will continue to rise in the next three months, even though the prices of essentials such as eggs, vegetables and..

01.03.23 15:30 |

Bulgaria’s caretaker cabinet sworn in before President Radev

Bulgaria’s President Rumen Radev presented his fourth caretaker government, which takes power before the snap parliamentary elections on October 2.  “Security is the key challenge facing the caretaker cabinet.  Tension in the Balkans is on the rise..

02.08.22 13:21 |

A holiday by the sea 2022: The rising prices do not seem to be deterring holiday-makers

It looks like we are in for a successful summer season despite the long pandemic and the war in Ukraine which have been fueling a sense of unpredictability in the industry. However, according to the Institute for Analysis and Evaluation in..

07.06.22 13:46 |

Inflation and gas shortage – a dangerous combination

In March inflation in Bulgaria hit a fourteen-year peak of 12%, data of the National Statistical Institute show. In one month only, consumer prices increased with 2.2%, transport costs rose by 7.9% and food prices went up by 3.3%. The price of..

28.04.22 13:18 |

Balkan Developments

Romanian President nominates Iraq and Afghanistan veteran for PM Romania's President Klaus Iohannis nominated retired four-star army general Nicolae Ciuca as prime minister designate on Thursday, tasking him with forming a..

22.10.21 13:49 |
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