Bulgarian Govt Threatens to Kill Egg Price Hike with Polish Exports

Business | March 6, 2012, Tuesday // 10:24
Bulgaria: Bulgarian Govt Threatens to Kill Egg Price Hike with Polish Exports Bulgarian Agriculture Minister Miroslav Naydenov holding an egg. Photo by BGNES

As egg prices skyrocket in Bulgaria, the country's Agriculture Minister Miroslav Naydenov has threatened egg producers and dealers he may open up the market to exports from Poland as a countermeasure.

Egg prices in Bulgaria doubled in the course of the last ten days, exceeding EUR 0.25 per egg at some places.

Eggs are now more expensive in Sofia than in Brussels, Paris and Berlin, Naydenov pointed out in an interview for bTV early on Tuesday.

The average salary in Bulgaria is approximately EUR 370.

"This egg price in Bulgaria is not normal," the Agriculture Minister stated, pointing out that fodder and energy costs have increased in other EU countries without causing such drastic price hikes.

If a cartel agreement among egg producers is proven, the financing intended to compensate producers for complying with EU requirements on laying hens' welfare will be stopped, Naydenov also warned.

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Tags: eggs, egg price, Miroslav Naydenov, Polish, producers, cartel agreement
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