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.
The financial situation in the country is critical, Finance Minister Temenuzhka Petkova says. Which means that the good news – the slowing inflation rate (on an annual basis) and Bulgaria’s full accession to the Schengen area at the beginning of the..
Moody's Ratings has affirmed Bulgaria's long-term and short-term rating at Baa1 with a stable outlook. The affirmation of Bulgaria's Baa1 rating reflects the rating agency's expectations that Bulgaria's debt and creditworthiness indicators will remain..
On January 27th, government securities for 150 million euros (300 million leva) will be offered on the domestic market , the Bulgarian National Bank (BNB) announced. The bonds will have a maturity of 7 years and an annual interest rate of 3.25%. On..
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