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BG Cabinet Draws Reins to Prices
Fuels and cigarettes prices slide down, inspectors give chase to profiteers

A day before the confidence vote the Cabinet backtracked on the price hikes. The prices of gasoline and diesel that have been climbing up for the last few months dropped by 0.3-0.4 leva yesterday. There’s good news for smokers, too: some of the popular brands will sell a little cheaper, Bulgartabak says. The Bulgarian key tobacco manufacturer will have a final say after the annual financial reports of the company are released. The looming hitch-up of electricity prices is also postponed. The National Electric Company is calculating whether it would be possible to shelve a 5-percent jump of electricity bills. The needy will receive social aid for electricity and heating. The government also mules how to curb prices of bread, cooking oil and meat. “Setting barriers to profiteers is one of my key priorities,” said newly elected head of the Foods Agency Yordan Voinov yesterday.