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. MarkovThe base interest rate in Bulgaria is decreasing to 1.91% as of July 1, announced the Bulgarian National Bank. The base interest rate is dropping by 0.16% compared to the previous month, when it stood at 2.07%. Thus, the base interest rate will be..
In 2025, Bulgarian tourism maintains sustainable growth despite global challenges. According to analysts, a record number of foreign visitors is expected in the coming months as a result of stable international markets and the..
The Bulgarian Investment Agency (BIA) and the Japan External Trade Organization (JETRO) are signing a memorandum of understanding that will give new impetus to the trade and economic relations between Bulgaria and Japan. The two countries are seeking..
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