Only 26% of the apples and 36% of the tomatoes on the Bulgarian market are produced in this country. 64% were imported from Turkey, Greece and North Macedonia. 55% of the cucumbers sold on the Bulgarian market are produced in this country and 45% are imported. 55% of the potatoes on the local market are also imported, indicates a 2020 report of the State Commission on Commodity Exchanges and Markets.
73% of the bread and bakery products, 70% of the meat and 69% of the dairy products sold on the Bulgarian market are produced in Bulgaria.
The Bulgarian National Bank (BNB) announced that it is lowering the base interest rate to 3.63% as of July 1. In May and June, the base interest rate was 3.78%. Bulgaria is in a currency board and the Bulgarian lev is pegged to the euro. Therefore,..
Bulgaria fulfils three of the Maastricht criteria for joining the euro zone, but still does not meet the price stability and inflation targets, according to a report by the European Commission, as quoted by BTA. Bulgaria does not currently meet the..
Bulgaria will receive €65.2 million from the EU for a project to reinforce the electricity grid to better support the integration of renewable energy, the European Commission said in a statement. The money is part of a total of nearly €3 billion..
The Bulgarian National Bank (BNB) announced that it is lowering the base interest rate to 3.63% as of July 1. In May and June, the base interest rate..
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