Bulgarian Economists Slam Government Plan to Regulate Basic Goods Prices as 'Madness'

Bulgarian experts have strongly criticized the recent legislative proposal to impose controls on prices of basic goods and services, calling it economically unfeasible. Economist and financial analyst Preslav Raykov described the measure as “complete economic madness,” adding that many competent professionals and businesspeople view the plan with incredulity. Speaking on the NOVA NEWS, Raykov warned that price controls or regulated mark-ups cannot function effectively.

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