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

Ministry of Foreign Affairs advises against travel to Greece due to a national strike

The Ministry of Foreign Affairs has advised Bulgarian citizens to avoid traveling to Greece because of a planned national strike today. The Foreign Ministry advises people to check the situation in Bulgaria's southern neighbor and the timeliness of flight..

published on 2/28/25 11:31 AM
Rositsa Mateva

CEC Deputy Chair Mateva: Recalculation of election results should be ready by the end of next week

"We hope that by the end of next week, the calculations will be completed and the results will be submitted to the Constitutional Court", Central Election Commission (CEC) Deputy Chair Rositsa Mateva told public broadcaster BNT regarding the..

published on 2/28/25 11:22 AM

The number of pensioners has increased by 15,630 people

The number of pensioners in January this year increased by 15,630 people, or 0.8%, compared to the first month of the previous year, the National Social Security Institute informed. More than 2 million people live on pensions whose average value is..

published on 2/28/25 10:16 AM