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 The traditional production has been replaced by emigration abroad, BNR correspondent Valya Apostolova reported.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.
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..
In October 2024, the total business climate indicator decreased by 5.6 percentage points compared to September, dropping from 22.5% to 16.9%. The index declined in all monitored sectors, the National Statistical Institute announced. In industry, the..
Petar Ganev , senior researcher at the Institute for Market Economics announced, for the BNR, the publication of their white paper of the Bulgarian economy – Unlocking growth: the road ahead after the election. “Concord should be sought and..
+359 2 9336 661