Following last week’s discussions with the association of modern retailers, who account for over 70% of the domestic trade, the Romanian Ministry of Agriculture decided to give up expanding the price-capping system and instead set up a price monitoring committee.<\/p>\n
The ministry’s proposal to expand the price markup system from a list of basic food goods as of now to all food goods produced or processed in Romania was severely criticised by all business associations consulted by the authorities.\u00a0<\/p>\n
Primarily, the system would have breached the functioning market principles, and secondly, its implementation would have generated high complexity.<\/p>\n
“We have decided that in the next period, we will create a monitoring committee that will include three representatives of the retail area, three representatives of the processors, one representative of the Competition Council, and one from the ministry, and I will coordinate the group,” announced minister of agriculture Florin Barbu<\/strong>, as reported by Ziarul Financiar<\/a>.<\/p>\n iulian@romania-insider.com<\/em><\/p>\n (Photo source: Inquam Photos\/George Calin)<\/em><\/p>","protected":false},"excerpt":{"rendered":" Following last week’s discussions with the association of modern retailers, who account for over 70% of the domestic trade, the Romanian Ministry of Agriculture decided to give up expanding the price-capping system and instead set up a price monitoring committee. The ministry’s proposal to expand the price markup system from a list of basic food […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2440","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts\/2440","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2440"}],"version-history":[{"count":0,"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts\/2440\/revisions"}],"wp:attachment":[{"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2440"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2440"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2440"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}