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Mika Zaykova in the studio of “Hello, Bulgaria”
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“Do not be afraid, Bulgarians. It won’t be like that – and it will get worse. ” This is how the financial expert Mika Zaykova commented on inflation in front of Nova TV. “As you can see, the government is not doing anything in this direction,” she added.
“We are talking about the consequences, but no one is talking about the cause. In two years, the average electricity price of BGN 80 has become BGN 500 – 6 times more expensive. This electricity predetermines all prices,” said businessman Krassimir Dachev. services in Bulgaria are a consequence of the high cost of industry here. According to him, the state should intervene in the production of electricity. “There is no reason for our electricity to be at such a price, because neither the price of nuclear energy nor the price of electricity from the Maritza East TPP has risen,” he said.
“The billions that were poured in for aid and compensation during the COVID crisis generated a cash flow behind which there is nothing and determined much of the inflation we are witnessing now. Because there must be production against money, and there was no production during the coronavirus. We must inevitably go through the balance between this money supply that spills over and production. In other words, the way to compensate for inflation to a large extent is economic growth. And support for production “, said the former Minister of Economy and Labor and Social Policy Lydia Shouleva.
“Economic growth that is not there,” counters Mika Zaykova in the studio of “Hello, Bulgaria”.
Economist Stoyan Panchev believes that much of the inflation is created by the major central banks around the world and should be limited there.
Experts are adamant that the idea of a ceiling on the prices of basic goods in our country is absurd. According to them, a measure to reduce VAT on these goods, as well as medicines, would benefit only traders, but not consumers.
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