The possible mechanisms and measures to overcome the economic consequences of the conflict in the Middle East were discussed by President Iliana Iotova and the leadership of the Commission for Protection of Competition (CPC) during a meeting at “Dondukov“ 2. This was announced by the press secretariat of the head of state. The meeting was initiated by President Iotova.
The head of state stressed the need for the caretaker cabinet to prepare a comprehensive package of measures that takes into account different scenarios for the development of the situation in the Middle East and its long-term effects – not only on fuel prices, but also on the prices of basic consumer goods.
The main focus was placed on the need for measures that the executive branch should take urgently for agricultural producers in order to avoid a food crisis, the press secretariat pointed out.
During the conversation, the need for contact and effective interaction between institutions, between the bodies of the executive and legislative branches, was emphasized for the preparation of a comprehensive package of measures to manage the effects of the conflict in the Middle East.
The Chairman of the CPC, Rosen Karadimov, informed President Iliana Iotova about the results and progress of the sector analyses of the antitrust authority in key economic sectors - in the markets for food, medicines and product fees. The recommendations of the Commission to the executive branch and the special administrator of the companies of the “Lukoil“ group regarding the fuel market were also discussed. The recommendations are the result of the latest adopted sector analysis of the CPC and the ongoing monitoring of this market, the press secretariat added.
The results of the sector analyses should serve as a basis for legislative measures to be taken by the next National Assembly and to be part of longer-term policies in the different spheres, the press release further states.
Initial data show a rapid increase in wholesale fuel prices, said the Chairman of the CPC, Rosen Karadimov, to journalists after a meeting with President Iliana Iotova.