The discussion in Brussels on setting a limit to agricultural subsidies has created opposition between Bulgarian farmers. Grain producers have threatened to protest with tractors in front of the ministry of agriculture if the caretaker minister supported the reform. If he did not support it, stockbreeders would protest with their animals.
Reducing payments to 60,000 euros and setting a limit of 100,000 euros per farm are being discussed in the European Agriculture and Fisheries Council. According to Bulgarian grain producers cultivating more than 500 hectares each, this is unacceptable and would cause damage to the sector. However, stockbreeders call for the introduction of limits as according to statistics, 8% of Bulgarian grain producers collect 80% of EU subsidies.
More than EUR 1 billion will be invested in agriculture and rural areas in Bulgaria in 2025. According to a decision by the Monitoring Committee of the Strategic Plan for Agricultural Development, the funds are aimed at modernizing agriculture and..
Bulgaria’s industry is being transformed in the direction of high added value productions, reads an analysis by the Institute for Market Economics. This tendency is best manifested in computer science, electronics and optics which account for the..
Acceleration of inflation to 1.1% in October compared to the previous month was registered by the National Statistical Institute. On an annual basis, the index is 1.8 percent. In October, the prices of goods and services for..
Butter and vegetable oil are the products that have increased in price the most over the year. The retail price of vegetable oil will range between 3..
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