“The way the logical decision of how the state will guarantee the food supply is being implemented is extremely chaotic and is unacceptable,” said Desislava Taneva, Deputy chair of the parliamentary committee on agriculture and former minister of agriculture.
“When you decide to enter the market and buy, you do not blare it out,” grain producer Borislav Petkov commented for the BNR. “Putting together one and a half million tons – that is 7 times more than the reserve you have at the moment. There are not enough warehouses for such amounts of grain.”
“There are no clear purchase rules. Chaos is being created on the grain market,” Kostadin Kostadinov, chairman of the National Grain Producer Association said for Nova TV.
The Bulgarian National Bank (BNB) announced that it is lowering the base interest rate to 3.63% as of July 1. In May and June, the base interest rate was 3.78%. Bulgaria is in a currency board and the Bulgarian lev is pegged to the euro. Therefore,..
Bulgaria fulfils three of the Maastricht criteria for joining the euro zone, but still does not meet the price stability and inflation targets, according to a report by the European Commission, as quoted by BTA. Bulgaria does not currently meet the..
Bulgaria will receive €65.2 million from the EU for a project to reinforce the electricity grid to better support the integration of renewable energy, the European Commission said in a statement. The money is part of a total of nearly €3 billion..
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