Food Prices in Bulgaria Are Tamed - Minister
Food prices in Bulgaria have marked only a slight raise since the end of summer, according to Bulgarian Minister of Agriculture and Foods Miroslav Naydenov.
"Grim forecasts from the summer for drastic price hikes are not coming true," said Naydenov in an interview for Darik Radio Saturday.
"The government reacted swiftly. We started advance payments for livestock breeders, in some cases increasing some payments," explained he.
The Agriculture Minister nevertheless conceded that there is an increase in the prices fodder, and so there is an increase of prices of foods connected to it.
Naydenov was also positive regarding the results of a government-sponsored campaign in which large retail chains offer basic foods at discounted prices.
- » Bulgaria Reopens 3-Y T-Note Issue at 0.68% Yield
- » Bulgaria Keen on Keeping Good Economic Ties with Russia, Lukarski Says
- » Bulgarian Scientists Foresee Economic Growth of 1.4 % in 2015
- » Additional BGN 15 M Needed for Sofia's Subway Extension
- » Explosion-Stricken Unit of Bulgaria’s VMZ Sopot Military Plant to Start Functioning in a Week
- » Bulgaria Speeds Up Construction of Maritsa Motorway Lot 2 ahead of EU Commissioner’s Visit