More than 28m euros (56.5m levs) will be provided for livestock farming. Such an agreement was reached at a meeting between Prime Minister Boyko Borissov and Agriculture Minister Desislava Taneva with industry representatives. This was announced on the website of the Ministry of Agriculture. The aid is to improve the liquidity of farms that have deferred their loans and are unable to repay them during the pandemic. Notification will be requested from the EC for this aid. PM Borissov also added that more than 13m euros (26m levs) have been provided for farmers suffering losses due to drought.
The Bulgarian National Bank (BNB) has again reduced the key interest rate in the country . As of May 1, it will now be 2.24 percent. The decrease compared to April is 0.15%, when it was 2.39 percent. This is the eighth consecutive month of a decrease in..
An analysis by the Ministry of Economy and Industry shows that in 2024, Bulgaria's trade with the United States accounted for 1.7% of the country’s total trade volume, with exports to the U.S. making up 2.6% of total exports and imports from the U.S...
Around 4 billion euros in debt have been raised from international markets through two bond issues, market analysts confirmed to BNR. The amount was raised through issues of 9-year and 13-year bonds – marking the country’s first entry into the..
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