Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Economist Vasil Simov predicts drop in food prices

Photo: archive

In an interview with the Bulgarian National Television, the CEO of the Sofia Commodity Exchange Vasil Simov predicts that the wave of food hoarding since the beginning of the Covid-19 epidemic will lead to a subsequent decline in demand, which will force retailers to lower prices in order to sell the goods.

It will be a difficult year for banks and their customers, predicts banker Levon Hampartzoumian. In his opinion, the recommendation of the European Central Bank to loosen loan lending rules does not mean easier lending, but flexibility and rigorous risk assessment. The banker also predicts an increase in online sales at the expense of cash payments.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Polish businesses want new highways and bridges to connect Bulgaria with Romania

Bulgaria’s President Rumen Radev discussed ways to boost trade and investment between Bulgaria and Poland during a meeting with representatives of the Polish-Bulgarian Chamber of Commerce. On the first day of his visit to Warsaw, President..

published on 4/29/25 9:31 AM

Military units open their doors for the Day of the Bulgarian Army

Military units of the Land Forces will welcome visitors on the occasion of May 6 - the Day of Valour and the Day of the Bulgarian Army, the Ministry of Defence announced. Visitors will have the opportunity to see exhibitions of weapons, military..

published on 4/29/25 7:45 AM

Sunny weather expected on Tuesday

On Tuesday, the lowest temperatures will range from 1°C to 6°C, for Sofia around 5°C. There will be frost in some valleys across eight regions in Eastern Bulgaria. After a chilly morning, the day will be sunny across the country. Maximum..

published on 4/28/25 6:35 PM