The Bulgarian government has launched a nationwide “Care Basket” initiative aimed at reducing the prices of essential food products by 15% for at least six months, in cooperation with major retail chains, according to Agriculture and Food Minister Plamen Abrovski. The program was formally presented at the Council of Ministers, where officials said it is designed as a joint effort between the state and retailers to ease pressure on consumers amid high inflation, while maintaining market-based principles.

The Bulgarian government has launched a nationwide “Care Basket” initiative aimed at reducing the prices of essential food products by 15% for at least six months, in cooperation…

Bulgarian farmers have warned that suppliers to retail chains are pressuring them to cut purchase prices by 15% following the launch of the government’s “Care Basket” initiative,…