After three food retailers in the country responded to the request of agriculture minister Miroslav Naydenov last week to freeze the prices of a basket of 10 food products, the minister was accused of lobbyism and competition violation, BTA reported. Rightist DSB warned that the agreement is in effect a permission to form a cartel and violates competition on the market. The party called for Naydenov's resignation over lobbyism. So far three food retailers in the country, Kaufland, Metro and Bila, have agreed to freeze the prices of 10 products for a period of three months in an effort to support households' budgets amid rising electricity and food prices. The products include primary food items such as bread, meat, cheese, milk, produced domestically. |
The EC has sent a reasoned opinion to Bulgaria over failure to comply with EU rules on the free movement of capital, the EC said on its website. The privatisation act in Bulgaria introduces ... more
Bulgaria will be seeking an extension of the court procedure filed by the EC against the country over irregularities found in the assignment of digital broadcast spectrum, transport minister ... more
Bulgarian individuals and companies hold EUR 100mn in Cypriot banks according to ECB data, BTA reported quoting Reuters. The largest EU depositors in the crisis-hit country are Greece with EUR ... more