We should not wait for the authorities to fix our prices. They tried for 50 years during communism and we know how it was. This was said in an interview for “Face to Face“ on bTV by financier Levon Hampartzumyan, quoted by novini.bg.
"As long as there is someone to pay, prices will rise. Control and competition keep prices in balance. Both mechanisms in Bulgaria are broken and damaged," he added.
The only thing that those in power can do, in his words, is to create the conditions for competition and control.
"The attempts of the industry players to manage prices are quite clumsy. Some Mickey Mouses decided that they will manage prices. They are governed by market conditions", Hampartzumyan also pointed out.
"Traders have the right to raise prices. If they lose market share or customers, then prices would fall", the financier explained.
"The cheapest bread is not exactly bread, but feed wheat with additives", Hampartzumyan also noted.