Exports of Bulgarian wine in the first half of 2020 remained unchanged as compared to previous years despite the coronavirus pandemic. However, a decrease was registered in the exports of wine to traditional markets such as China. On the other hand, exports to EU countries increased, the Bulgarian Ministry of Agriculture, Food and Forestry announced. The ministry specifies that the total area of land covered by vines amounts to 60,862 hectares. 61% of the vineyards are registered for production of wines with protected designations of origin and protected geographical indications.
The total number of registered wine producers in Bulgaria amounts to 294.
In May, the economic situation in the country improved for a second month in a row. There was an improvement in retail trade, construction and services, but there was a decline marked in industry. In construction, industry and services, no price..
The Bulgarian National Bank held an auction for the sale of securities with 3-year maturity at a 3% interest rate. At the auction, the Ministry of Finance offered bonds worth EUR 150 million. Interest will be paid once in 6 months, with the loan..
The Bulgarian National Bank published a review of measures aimed to address the risks to the banking system, including those stemming from loans secured by residential real estate. ''Such concerns are well-founded given the situation in the real..
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