“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 has lowered the base interest rate for the second consecutive month. As of August 1, it stands at 3.53%, down from 3.63% in July. Since the end of 2023, the base interest rate has been gradually falling. From February..
Moody's expects Bulgaria to join the Eurozone no later than the beginning of 2026. According to the rating agency, the growth of the Bulgarian economy in 2024 will be 2.9%. The ongoing domestic political crisis and the likelihood of new early elections..
Until the end of 2024, businesses will continue to receive compensations for high electricity prices. They will be 100% after a price of over 90 euros per megawatt hour on the stock exchange. The previous threshold was 100 euros. The..
The final price proposed by Bulgargaz for the sale of natural gas to its customers in October is BGN 63.72 (EUR 32.58) per megawatt-hour before tax. The..
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