The annual food inflation is 24.5% for January, Minister of Agriculture in the caretaker government Yavor Gechev announced at a press conference on the measures aimed at curbing the high prices of food in chain stores. The peak was reached in November when the rate reached 26.1%. Inspections ascertained unexplainable margins for some products such as eggs, butter, cheese etc. With the use of unfair practices, chain stores are encouraging consumers to buy at inflated prices. For example, the price of some commodity is advertised as being "the lowest only today”. In practice, the price is neither the lowest, nor only today, it is 20-30% higher than at rival stores.
The liberalization of the electricity market for household consumers and their entering the free electricity market, something companies did years ago, is being postponed. At least for now. The reform should have entered into effect on 1..
The preparation of the non-banking financial sector for the introduction of the euro is at a very advanced stage and a significant part of it has already taken concrete measures to adapt to the new currency, the new chairman of the Financial..
The likelihood of Bulgaria joining the eurozone on 1 January 2026 is growing by the day. The country would become the 21st EU member to adopt the single currency. The signals are coming both from the Bulgarian government, which has repeatedly stated..
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