Economist Warns: Bulgaria’s New Euro Law to Trigger Price Shock Before It Even Takes Effect
Business
Economist and former MP Georgi Ganev has sharply criticized the recent amendments to Bulgaria ’s Euro Law, warning that the changes are likely to trigger a widespread price shock rather than curb inflation. In an interview with the Bulgarian National Radio, Ganev said the amendments will push prices higher than they would have risen under normal market conditions, blaming the state’s misguided intervention for the anticipated surge. According to Ganev, the price increase will not be gradual
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