Ministers to fight against speculative prices before Easter

Ministers Miroslav Naydenov, Simeon Djankov and Traicho Traikov will analyse and seek possible sources of speculative price increases of eggs, pork and lamb meat in relation to the approaching Easter holidays in order to propose measures to address the problem. By order of Prime Minister Boyko Borissov meetings with producers from the respective industries must be held by Friday.

“We should not directly and outright blame manufacturers. Very often, they offer normal prices to traders but then along chain the final price swells to the heavens,” said Minister Naydenov. According to him, if the fault is with the producers, there will be adjustments on the part of the State in the from of subsidies to them.

Meanwhile, pig producers announced that pork prices will increase by 20% because farms are required to modernise the production technology and invest huge resources which will affect the price of the end product.

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