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

CPC to fine traders 10% of annual turnover for speculation with prices in euro

Rosen Karadimov and Maria Filipova
Photo: BTA

We need to unite within the framework of the law to prevent price speculation after the adoption of the euro, the chairman of the Commission for Protection of Competition (CPC) Rosen Karadimov said at a press conference.

"There is no speculative market that is stronger than the state. With my colleagues, we will do everything possible to counteract speculation," Karadimov added. Together with the chair of the Commission for Consumer Protection, Maria Filipova, he held a working meeting on coordination between the two institutions against a possible speculative increase in prices due to the upcoming adoption of the euro in Bulgaria, BTA reported.

The two commissions will also check for prohibited agreements between traders. The sanctions for speculation are 10% of the turnover for the previous year and traders are aware of this, the chairman of the CPC added.

Editor: Ivo Ivanov

Publication in English: Al. Markov

Photo: BTA



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

Orange heat warning Issued nationwide, except for the coast

On Wednesday, minimum temperatures will range between 17°C and 23°C , with Sofia at 17°C. The morning will be mostly sunny, but atmospheric instability is expected to develop in the afternoon. Cumulonimbus clouds will form, leading to brief showers and..

published on 7/22/25 7:05 PM

Bulgarian Patriarch Daniil to lead liturgy in the village of Yahinovo

Bulgarian Patriarch Daniil will lead a patriarchal liturgy in the village of Yahinovo, Dupnitsa municipality, this Saturday, BTA has reported. Locals define the upcoming visit of the head of the Bulgarian Orthodox Church to the church "St. Petka" as a..

published on 7/22/25 5:54 PM

Ahmed Dogan says that DPS has been hijacked, creates a new formation

Ahmed Dogan has announced the upcoming creation of a new political project, which will be "the successor to the historical mission of the DPS - to protect the rights of minorities and every Bulgarian citizen, to participate in real politics, to..

published on 7/22/25 5:34 PM