Manufacturers of bread, dairy and meat products have once again complained about price pressure on their goods exerted by retail chains. According to the manufacturers, working methods of supply chains would lead to bankruptcies or a shift to the gray sector. Over the last two months, food prices have apparently risen because of retail chains. The price received by producers for their goods remains the same despite the increase in raw material prices. The conflict between supply chains and producers has existed since the entry of retail chains into the Bulgarian market and has not yet been solved. According to manufacturers, if 6-7 years ago retail chains held 30% of the retail market, their share now reaches 60%, and in larger cities 75%.
Bulgarian Finance Minister Temenuzhka Petkova will travel to Brussels to provide an update on Bulgaria’s progress towards euro area accession. The Finance Ministry has confirmed that Minister Petkova will participate in the Eurogroup meeting on 17..
Minimum temperatures on Monday will be between minus 4 and 1°C. In Sofia it will be around minus 3°C. The mercury will hover between -3 and 0 °C in the north. Maximum temperatures in southern Bulgaria will be between 2 and 7°C. In the capital it will..
The one-year anniversary of the death of Russian opposition leader Alexei Navalny was marked with a memorial service in Sofia's St Nedelya Cathedral. It was organised by the movement "For a Free Russia" - an association of Russian immigrants in..
The one-year anniversary of the death of Russian opposition leader Alexei Navalny was marked with a memorial service in Sofia's St Nedelya Cathedral. It..
Bulgarian Finance Minister Temenuzhka Petkova will travel to Brussels to provide an update on Bulgaria’s progress towards euro area accession. The..
The Bulgarian Ministry of Tourism will work to create a map of important, but hard-to-reach tourist and cultural-historical sites. The goal is then to..
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