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

Cloudy and rainy weather on the first day of March

On Saturday it will be mostly cloudy with light rain, which in some places in the northern regions of Bulgaria will be mixed with snow. There will be almost no precipitation in Southeast Bulgaria. In the morning hours in many places in the plains and..

published on 2/28/25 7:35 PM

Beekeepers and grain farmers call for suspension of wind farms in Dobrudzha

Bulgarian beekeepers', farmers' and grain growers' organisations have spoken out against the construction of wind turbines and photovoltaic plants on agricultural land , BNR's correspondent in Dobrich reports. Beekeepers whose hives are located..

published on 2/28/25 6:35 PM

Bulgaria gets second air ambulance

The second helicopter to provide emergency medical services by air landed in Bulgaria this afternoon, the Health Ministry said. It will be used at the HEMS regional base in the city of Sliven. The eight air medical teams that will work there have..

published on 2/28/25 6:25 PM