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

Iliana Iotova

Vice President Iliana Yotova to deliver a lecture at Jagiellonian University in Krakow

At the invitation of Jagiellonian University, one of the oldest universities in Europe, founded in 1364 , Vice President Iliana Yotova will be in Krakow, Poland on 24 and 25 June. Yotova will deliver a lecture entitled History, Culture and Education..

published on 6/24/25 7:35 AM
The Belogradchik Rocks

Heat and sunshine dominate the forecast for Midsummer Day

It will be a fine, almost quiet night. Tomorrow will be sunny and hot, particularly in the lowlands. A light wind will blow in from the west-northwest. Temperatures will reach highs of between 32°C and 37°C, with Sofia reaching around 32°C. It will..

published on 6/23/25 7:05 PM
Atanas Zapryanov

Bulgaria to increase defense spending up to 5% of GDP

A Bulgarian delegation, led by Prime Minister Rosen Zhelyazkov, will participate in the NATO summit focusing on defense and deterrence plans, which starts tomorrow in The Hague. Defense Minister Atanas Zapryanov is also part of the delegation.  On..

published on 6/23/25 5:53 PM