Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Economist Vasil Simov predicts drop in food prices

Photo: archive

In an interview with the Bulgarian National Television, the CEO of the Sofia Commodity Exchange Vasil Simov predicts that the wave of food hoarding since the beginning of the Covid-19 epidemic will lead to a subsequent decline in demand, which will force retailers to lower prices in order to sell the goods.

It will be a difficult year for banks and their customers, predicts banker Levon Hampartzoumian. In his opinion, the recommendation of the European Central Bank to loosen loan lending rules does not mean easier lending, but flexibility and rigorous risk assessment. The banker also predicts an increase in online sales at the expense of cash payments.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Rositsa Mateva

CEC: There will be no recount of ballots from the last elections

There will be no recount of ballots from the recent parliamentary elections in October 2024. The Central Election Commission (CEC) met today after the Constitutional Court yesterday ordered a recount of the parliamentary election results due to numerous..

published on 2/27/25 1:54 PM

Supermarket boycott already bearing fruit, says agriculture minister

The effects of the protests against supermarkets are being felt, Agriculture Minister Georgi Tahov said in Plovdiv, where he was attending a national meeting of fruit and vegetable producers. He added that there had already been a drop in the price of..

published on 2/27/25 1:09 PM

Filling military vacancies - a key objective in the defence sector 

Filling the large number of vacancies in the armed forces and improving their social status and motivation is the main objective of the Governance Programme for the period 2025-2029 in the "Defence" sector . Other expected outcomes of this programme..

published on 2/27/25 11:04 AM