The well-known Bulgarian financial analyst Levon Hampartsumyan launched sharp criticism towards attempts of state control over market prices during his media statement in the "Your Day".
According to the expert, every attempt at administrative regulation of market relations carries serious risks and can cause unpredictable economic consequences. Hampartsumyan emphasized that previous practice shows complete ineffectiveness of such intervention attempts.
Analyzing the current market situation, the financier paid special attention to the dynamics of real estate. Statistical data show an impressive growth of over 15% in housing prices during the first quarter of 2025, which places Bulgaria in second place among European countries by this indicator.
Hampartsumyan recommended a differentiated approach to real estate investments. According to him, if the property is acquired for personal use, the investment can be promising. At the same time, for commercial purposes – renting or subsequent resale – there are significant market risks.
Commenting on bank deposits and the information campaign around euro introduction, the expert emphasized that the over 1 billion leva deposited in accounts are not indicative by themselves. More important is the dynamics and growth rate, rather than the absolute value.
Regarding interest rates, the financier predicted relative stability. According to him, a drastic increase could only occur with the emergence of a serious economic crisis, which currently does not seem likely.
A key point in Hampartsumyan's statement was criticism of political measures aimed solely at short-term calming of public attitudes. He emphasized that such administrative approaches rarely lead to lasting positive results.
The expert placed strong emphasis on the importance of competition as a natural regulator of market prices. According to him, precisely the free competitive environment is the most effective mechanism for achieving fair pricing.
In conclusion, Levon Hampartsumyan sent a message to institutions to refrain from excessive intervention and rely more on market mechanisms to achieve economic stability.