Tuesday, March 13, 2012

Bulgaria Threatens to Cut Agriculture Grants over Price Hike

The Bulgarian government has threatened to cut agriculture grants for producers who deliberately increase prices ahead of Easter.

Egg, lamb and pork prices started increasing several weeks ahead of the Orthodox Easter Sunday (which is April 15 in 2012), prompting Prime Minister Boyko Borisov to demand an immediate analysis from several of his Ministers.

Agriculture Minister Miroslav Naydenov, Finance Minister Simeon Djankov and Economy Minister Traicho Traikov have to be ready by Friday with their price analysis and determine whether there has been speculation in place.

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Source

Source: http://news.business-news-blog.eu/bulgaria-threatens-to-cut-agriculture-grants-over-price-hike/

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