In the space of 15 years, from 2005 until 2020, 75% of the farms in the country have disappeared – from 500,000 in 2005 down to 132,000 in 2020, said Prof. Dr. Bozhidar Ivanov, Director of the Institute of Agrarian Economics at an international scientific conference “Agrarian economics in support of agriculture”.
In an interview with the BNR he stated that the development of Bulgarian agriculture is uneven. In sectors like grain production and oilseed crops there have been achievements. But in dairy, meat, vegetables and fruit, the market share of local produce is going down. This is so because the subsidies are not connected with the production – since 2007 and the country’s accession to the EU, the subsidies have been connected with area rather than production, with equal subsidies per unit of area for all producers. This, Bozhidar Ivanov says, leads to distortions.
The Bulgarian banking system is among the most stable ones thanks to the high expertise of the people who work in it. They succeed despite turbulent times. They are successful because they follow the rules and laws. With these words,..
The Gross Domestic Product has gone up by 2.4% during the third quarter of the year compared to the same period of 2023, indicate preliminary National Statistical Institute data. This indicates there is a certain acceleration of the growth..
A year with good results in the banking sector, achieved in a difficult domestic and external environment. This is how the governor of the Bulgarian National Bank (BNB), Dimitar Radev, assessed the outgoing 2024 in an interview with..
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