The utilized agricultural area in Bulgaria has increased by 9% in the past 10 years, indicates preliminary data from the Census of Agricultural Holdings in 2020, announced this country‘s Ministry of Agriculture, Food and Forestry. In 2020, there were 3.96 million hectares of utilized agricultural area, while ten years earlier, there were 3.62 million hectares of utilized agricultural area.
The average farm size in Bulgaria increased from 10 hectares in 2010 to 33 hectares in 2020. Nearly 60% of the agricultural area is planted with cereals. 31% of the agricultural area is planted with industrial crops.
41% of the member companies of the Bulgarian Industrial Association expect an economic decline in 2025. 21% believe there will be no change compared to 2024. 65% of the respondents anticipate a deterioration in their own business due to the..
The price of electricity for households could increase by nearly 9% starting next year, according to estimates by the Energy and Water Regulatory Commission. This means that with an average consumption of nearly 400 kilowatt-hours, the monthly bills..
The leadership of the Confederation of Independent Trade Unions in Bulgaria (CITUB) insists that a national subsistence wage be introduced in Bulgaria, with the minimum wage in the country reaching at least 80% of the subsistence wage by 2027. According..
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