European directive on duty-free imports from Ukraine could lead to replacement of Bulgarian products from the market. The price of Bulgarian agricultural produce has drastically risen because of higher prices of fuel and fertilizers. According to representatives of branch organizations, this would have a negative impact on large grain producers and would lead to bankruptcies of smaller farms.
This year, areas in Dobrich district sown to wheat are about 130,000 hectares and the expected average yields are 550-600 kg per decare. According to the Ministry of Agriculture, in 2021 Bulgaria ranks 11th in the world in wheat exports. This country exported to over 30 countries and in the same year wheat accounted for nearly 20% of Bulgaria's total agricultural exports.
Bulgaria faces deep structural challenges. The economy is characterized by low added value and regional challenges, chairman of the Bulgarian Industrial Association (BIA), Dobri Mitrev, said. He presented the BIA index for “Economic..
The son of the US President - Donald Trump Jr. and Gila Gamliel, Minister of Science and Technology of Israel, will participate in a business forum in Sofia on April 27, organized by the global digital asset platform Nexo , the company announced...
On January 1, 2026, Bulgaria will take over the presidency of the Danube Strategy for the second time (after 2018) . This is happening at a difficult time for Europe, a time when the world is changing rapidly, when it is more important than ever..
A strong earthquake with a magnitude of 6.2 shook Istanbul at 12.49 local time and was felt to varying degrees across Bulgaria, BTA reported, citing the..
The full accession of Bulgaria and Romania to the Schengen area is strengthening the European Union's economy significantly. This is stated in a report..
Sofia has met the last criterion for entering the eurozone. After meeting the inflation criterion, the data on the budget deficit for..
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