More than 28m euros (56.5m levs) will be provided for livestock farming. Such an agreement was reached at a meeting between Prime Minister Boyko Borissov and Agriculture Minister Desislava Taneva with industry representatives. This was announced on the website of the Ministry of Agriculture. The aid is to improve the liquidity of farms that have deferred their loans and are unable to repay them during the pandemic. Notification will be requested from the EC for this aid. PM Borissov also added that more than 13m euros (26m levs) have been provided for farmers suffering losses due to drought.
More than EUR 1 billion will be invested in agriculture and rural areas in Bulgaria in 2025. According to a decision by the Monitoring Committee of the Strategic Plan for Agricultural Development, the funds are aimed at modernizing agriculture and..
Bulgaria’s industry is being transformed in the direction of high added value productions, reads an analysis by the Institute for Market Economics. This tendency is best manifested in computer science, electronics and optics which account for the..
Acceleration of inflation to 1.1% in October compared to the previous month was registered by the National Statistical Institute. On an annual basis, the index is 1.8 percent. In October, the prices of goods and services for..
Butter and vegetable oil are the products that have increased in price the most over the year. The retail price of vegetable oil will range between 3..
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