Because of the drought, Bulgaria reports lower yields of corn and sunflower in 2020, the Ministry of Agriculture has reported.
Just over 2.8 million tons of corn were produced on 572,417 hectares. The average yield of corn is 494 kg per decare. In 2019 corn harvest was over 3.1 million tons, with an average yield of 684 kg per decare. Because of the spring drought, the biggest decline in yields is seen in the eastern regions of Bulgaria - an average of 50 percent.
Harvested sunflower for 2020 is over 1.6 million tons from 809,563 hectares. The average yield for the country is 203 kg per decare. In 2019, the total harvested amount reached 1.7 million tons, with an average yield of 230 kg per decare, BTA reported.
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..
A working group comprising representatives of employers, trade unions and government experts is discussing the proposals of the Ministry of Labor and Social Policy for introducing a new mechanism to determine the minimum wage. This is happening a day..
The assets of private pension funds have reached EUR 13 billion. According to data from the Financial Supervision Commission, they have increased by..
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