Entire villages in the Eastern Rhodopes are giving up on traditional tobacco growing in the region. One of the reasons is the low purchase prices.
The agricultural institutions in the region report extremely low interest in buying the new harvest. Applications submitted so far for registration of tobacco producers from the entire Kardzhali region are just 96, which is 11% of those submitted in 2020. The traditional production has been replaced by emigration abroad, BNR correspondent Valya Apostolova reported.
Locals believe that tobacco production could be revived if raw purchase prices rose.
Citizens should remain calm about the introduction of the euro in Bulgaria from January 1, 2026, as the Bulgarian National Bank and commercial banks are ready for all processes related to the currency conversion and distribution of euro banknotes. This..
Bulgaria’s Ministry of Finance has published the draft state budget in euros for 2026. The country’s GDP is projected to reach EUR 120.1 billion, with an economic growth rate of 2.7%. Planned revenues amount to EUR 51.436 billion, or 42.8% of GDP...
In 2024, 8.2% of people aged 18 or over who declared to be at work (either employed or self-employed) in the EU were at risk of poverty, according to data from Eurostat, cited by the BNR's Horizont channel. In Bulgaria, this share reached 11.8%. The..
+359 2 9336 661