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

Foreign Minister Georg Georgiev and H.E. Susan Falatko.

FM Georgiev says US, Bulgaria will continue cooperation

Foreign Minister Georg Georgiev today received at the Foreign Ministry Susan Falatko, who arrived in Sofia a few days ago as Charge d'Affaires of the U.S. Embassy in Bulgaria.  A statement from the Foreign Ministry said that during the meeting, Minister..

published on 2/28/25 5:48 PM
Dimitar Manolov, head of Podkrepa Union

Podkrepa Trade Union to start meetings with parliamentary groups on 2025 state budget

Next week, the Podkrepa Trade Union will begin a series of meetings with parliamentary groups in the National Assembly on the 2025 state budget, BTA reported. During the talks, the unions will offer their views on the increase in salaries in the budget..

published on 2/28/25 4:34 PM
Social Minister Borislav Gutsanov

Support for the most vulnerable groups of Bulgarian society will remain, says Social Ministser

Funds will be found for both procedures – “Hot Lunch” and “Home Care”, which are among the most sought-after measures to support the most vulnerable members of society.  During the parliamentary control sitting earlier today, in response to a..

published on 2/28/25 4:31 PM