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Vladimir Ivanov: The process of introducing the euro went very well, we did it

We have a sharp drop in signals and complaints. Many negative expectations were created, but none of this happened

Jan 28, 2026 08:41 45

Vladimir Ivanov: The process of introducing the euro went very well, we did it  - 1

The process of introducing the euro went very well, we did it. We have a sharp drop in signals and complaints. Many negative expectations were created, but none of this happened. This was commented on BNT by Vladimir Ivanov, Chairman of the State Commission on Commodity Exchanges and Markets and Chairman of the Coordination Center for the Euro Mechanism.

He does not understand why some companies engage in bad business practice with rounding up: “Where business is not clean, some traders did not open at the beginning of January. Honest companies are working, now is a great time to conquer market share. We have not reached over-control, we are mainly worrying people in the gray sector. There are many more requests for payment by post-terminal.”

When asked if it is true that after a fine is imposed on a merchant, he is not obliged to return the old price, Ivanov specified: “He can continue, but this is a relapse and leads to a larger fine, it can lead to a fine of 200,000 leva. This is madness to do it.”

”The blockades at the border create irregularity in deliveries. It appears to be affecting perishable foods in particular. We have a serious increase in everything out of season. There is a trend for yellow cheese - 8-10 cents, cheese - 6 cents. It is normal and the trends are weaker compared to last year“, he explained.

“It is difficult to talk about a peak reached at the end of January. "The fruits, typical of winter, are supporting prices. The climate is good. Cocoa is getting cheaper," he added.