Bulgaria: The price of bread will rise, a grain crisis is knocking at the door

Published 2022년 3월 4일

Tridge summary

The article highlights the concerns of Ognyan Boyukliev, an expert from the Institute for Economic Research BAS, regarding the potential rise in bread prices due to the ongoing conflict in Ukraine and Russia, key suppliers of grain to Europe. He attributes the increase in bread prices to factors such as the cost of grain and fuel for baking. Boyukliev suggests reintroducing traditional ovens to decrease reliance on fuel for bread production as a way to mitigate the price hike. Additionally, he emphasizes the importance of a long-term policy to boost domestic food production and reduce reliance on imports, particularly for vegetables and fruits. He warns of a potential crisis in bakery production due to rising fuel prices and the potential decrease in agricultural production.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The price of bread will rise, we have given up traditional bread, we use bread-bakery mixtures that are in electric ovens and gas, foam bread comes out of them, said in the studio of "Bulgaria in the Morning" Assoc. Prof. Ognyan Boyukliev from the Institute for Economic Research BAS. He suggested restoring the old ovens: "They are not many, but they can largely solve the problem of the price of bread." For the price of bread, one component is the grain, the other is the fuel for its baking, he explained.The war in Ukraine will lead to economic consequences in our country, and they are already being felt in terms of the price of wheat, which continues to rise. Russia and Ukraine are the largest exporters of grain to Europe. "China is the largest producer and Russia is the largest grain exporter in the world. At the same time, there is evidence that Ukraine can feed the whole of Europe with its wheat. We are also a large producer, but most of our grain goes for export ", said in the ...

Source: Dnes