Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Government is aware that the markup cap is an ‘anti-market measure’

Nikola Stoyanov
Photo: BGNES

The business will not be affected by a price cap, caretaker Minister of Economy, Nikola Stoyanov, has told Nova TV. He commented on the draft law on food prices, published for public consultation, according to which 17 basic food products will have markup of not more than 10%.

Checks have shown that some markups now reach 70-80%. "We understand that this is an anti-market measure and that is why we proposed just 17 types of essential goods to be included in it," the minister said. Traders will be obliged to keep stocks, Minister Stoyanov also said.

Translation: Al. Markov


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

Bulgaria and North Macedonia reaffirm their commitment to continue the construction of Railway Corridor No. 8

In Brussels, Bulgaria and North Macedonia reaffirmed their commitment to continue the construction of Railway Corridor No. 8 under the TEN-T Regulation, reported the European Commission’s Directorate General for Neighborhood Policy and Enlargement..

published on 10/17/24 8:40 AM
Caretaker Minister of Innovation and Growth Rosen Karadimov

A Taiwanese technology giant wants to build a factory near Plovdiv

A Taiwanese technology giant is negotiating to build a large production facility on the territory of the Trakia Economic Zone near Plovdiv, announced caretaker Minister of Innovation and Growth Rosen Karadimov. He was briefed with the progress of the..

published on 10/16/24 6:14 PM
Susumu Kataoka, president of Japan External Trade Organization

Japanese-Bulgarian business forum is being held in Sofia

A Japanese-Bulgarian business forum is being held in Sofia, organized jointly by the Japan External Trade Organization (JETRO ) and the Bulgaria Invest Agency . "I am leading a delegation of a hundred people, a fact that speaks volumes about..

published on 10/15/24 12:11 PM