Until the end of 2026, traders will not have the right to increase prices if there are no prerequisites for this, the deputies decided at first reading. The proposal sparked serious discussion.
Which countries have implemented similar measures after the introduction of the euro and what will be the effect on prices and inflation in our country? This study was conducted by the Fiscal Council, comparing 10 countries.
The study examines two approaches that different countries have implemented, explained in the program “Crossroads” Lyubomir Datsov, a member of the Fiscal Reserve.
One approach is “soft measures”, the other – of „hard”.
„Croatia is one of the most recent examples of countries with „hard measures”. We are following its example”, explained Datsov. And France, for example, has taken softer measures.
„The method of „hard measures” has not brought any good. The problems it has caused are more than the positives”, believes Datsov.
„The only good approach is „soft measures” – labels with both prices should be in place in advance, a good explanatory campaign, joint work of the government with interested parties, with business. Where there is distrust in society, this is what kills. This is happening here too,” the expert commented.
In Croatia, some of the measures are political, because there is also a confrontation between the presidency and the government. There, nearly 40% of the market is controlled by local traders, oligarchs by Bulgarian standards, and it was they who tried to speculate in the beginning. There are no such things here.
He also commented on the price inspection that the National Revenue Agency recently conducted.
„They compared promotional prices with standard prices. Imagine the capacity of the administration and how they would handle a complex case”, commented Datsov.
He also commented on whether there is a risk that prices will increase before the introduction of stricter measures to monitor them.
„Such measures are on the border of European laws. There is resistance from the EC. Most governments have been forced to correct such measures. The announcement of these measures causes both traders and consumers to behave unnaturally. The announcement of such measures may force traders to raise prices in advance,” he commented.
He added that price fixing and control is characteristic of socialism.