Bulgaria's Dairy Prices Run Thirty Percent Above European Average

Bulgaria's dairy prices now sit thirty percent above the European average today. Economist Yulian Voynov discussed rising prices on the Bulgaria ON AIR program.

Incomes have grown faster than inflation in recent years, he explained calmly.

Some groups, however, feel their earnings lag behind and approach minimum wage. Bulgaria imports many goods, so international fuel price spikes hit everyone directly.

Dairy products, however, stand out, costing far more than elsewhere in Europe. Voynov says Bulgarian incomes remain well below European averages across the board.