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

Changes to the Euro Act threaten the free market, say retailers

molove_big

The Non-Food Traders Association (NFTA), which represents major retail chains in Bulgaria, has strongly opposed the proposed amendment to the Euro Introduction Act. According to the association, the changes are being considered at the last minute, without any public debate or assessment of their potential impact. The NFTA's main objections are to the ban on price increases during the dual pricing period (about a year and a half), the strict penalties of up to 1% of annual turnover, and the extended powers of the Consumer Protection Commission to control pricing. According to the NFTA, this constitutes unacceptable state interference in the market economy, as reported by BTA.

The organisation claims that the bill creates serious uncertainty for businesses and imposes an additional bureaucratic burden by requiring large retailers to publish their prices online. It also alleges that the bill violates constitutional rights by granting uncontrolled access to commercial information.


The NFTA is calling for the bill to be rejected, insisting that any additional measures must be discussed in detail with the business community within a reasonable timeframe. This position has been sent to the Speaker of the National Assembly. Similar criticism has been voiced by other industry organisations and chambers of commerce.


Editor: Ivo Ivanov
Posted in English by E. Radkova




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

Poll: More than 80% of Bulgarians do not believe that democracy in Bulgaria is genuine

Four in five Bulgarians do not believe the country’s democracy is genuine, according to an independent survey by the Myara sociological agency. The poll found that 81.2% of respondents said Bulgaria does not have real democracy, while 78.2%..

published on 11/18/25 2:44 PM
Michael McGrath

EU expects Bulgaria to secure convictions for high-level corruption

Convictions for high-level corruption in Bulgaria have been few so far. Sustained progress against high-level corruption is needed. This was stated by EU Commissioner for Justice, Michael McGrath, after the meeting of the EU General..

published on 11/18/25 10:37 AM
Rumen Spetsov

Lukoil says it would not interrupt its activities and fuel supply in Bulgaria

The companies of Lukoil will continue to operate with full transparency and fuel supplies will not be interrupted. This is written in a statement from the Russian oil company, signed by the newly appointed special commercial manager..

published on 11/18/25 9:24 AM