Amendments to the Ownership and Use of Agricultural Land Act have been presented for public consultation. Land owners will have two more years to establish where their properties’ true boundaries lie. Agricultural offices will have five more years to satisfy the claims of land owners. The termination of land restitution concerns nearly 1 million Bulgarians and 80,000 farmers, the impact assessment reads.
Many Bulgarians who claimed the true boundaries of their property won their cases against Bulgaria at the European Court of Human Rights.
Inflation for 2024 is 2.2% compared to the previous year, the National Statistical Institute reports. In December, this indicator was 0.4%. Annual average inflation for the period January 2024 - December 2024 compared to the period January 2023 -..
Without compensation for the price of electricity, companies will be uncompetitive, said Vasil Velev of the Bulgarian Industrial Capital Association (BICA) at a press conference held jointly with trade unions. Those who cannot pass on the increase in..
Bulgarian exports are expected to grow by 5.8% annually after Bulgaria joins the eurozone. Trade in goods could increase by 3.3%, and in the services sector, growth might reach 8.4%. This is predicted by an analysis by the trade credit insurance..
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