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TRADE UNIONS IN BULGARIA CALL FOR URGENT STEPS AGAINST SOARING PRICES
17:46 Tue 07 Aug 2007
 

One of Bulgaria's largest trade unions, Podkrepa, has called on the Government to take urgent measures to counteract recent drastic hikes in the prices of goods and services.

Trade unions suggested that the Government should unblock state reserve funds to deal with the problem, Bulgarian National Radio reported.

Some main food products like bread, diary products, eggs and meat have significantly risen in price in recent days.

Discontent from speculative prices will led to social tension, Podkrepa said.

Podkrepa said that Bulgarians’ incomes were among the lowest in Europe and people could not cope with the exceptionally high ''European" prices of food products and services.

Increases in chicken and egg prices were attributed to high grain prices. Grain price hikes resulted from poor crops, leading to increased demand

 
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