It turns out that we have a logistics crisis, but also a production crisis. Production installations that are stopped or damaged need time to recover. Even if the war ends tomorrow with some wonderful peace, it will still be felt. The markets are getting nervous. The cargo that was traveling has already arrived, has been unloaded. The bigger blow is ahead if this uncertainty continues. Voices are starting to be heard that it is not just the price, but whether there will be any fuel and gas for us to buy. This was stated by banker Levon Hampartzumyan to bTV.
“We may enter a regime of high prices, shortages, limitations – that's how many liters per month. Fertilizers are getting more expensive – this is expensive agricultural production in months. We are expecting, depending on the scenario, inflationary pressure, deficits of some things and higher prices of certain goods“, he warned.
“The fact that we are on the verge of a crisis in the eurozone is actually positive. Let's not forget that the lev was tied to the euro. The euro is not the factor that makes life difficult, on the contrary – it makes it easier for most people. But there are some who I call anti-euro propagandists“, Hampartzumyan drew attention.
When asked why some goods are more expensive in our country than in Europe, the banker specified: “Our market is smaller than the German one, for example, there are economies of scale there – they can afford small markups due to the large turnover. Most likely, in certain sectors, there are cartels – such as with milk, where most things are produced by only two companies.“
He is categorical that the strength of European producers lies in cooperation, but not in the style of the TKZS, but simply modern cooperatives: “This should happen here. This will suppress prices. People from the big chains say that if they want someone to offer Bulgarian goods in the quality and quantity that they currently buy from Italy and Germany.
He does not believe in the measures of other countries: “This thing has political goals. It makes sense in the short term. You see that when it has been applied for long enough, it does not work. 20 euros for some people is a symbolic sign of sympathy, rather than who knows what kind of help. If there are applications submitted, then these people appreciate what has been done. With a 30% gray economy, we do not know who really needs this money.“