The speculations of a rise in the price of sunflower oil in the coming months due to the poor harvest in the country will not come to pass, Vladimir Ivanov, chairman of the Commodity Exchange and Wholesale Markets State Commission said for the BNR. The European market is going to make up for any possible shortages, and even if there is a price rise it is not going to exceed 10%, experts say. There will be no significant rise in the price of sunflower oil as sunflower producers and processors have warned. The European and the world markets are balanced and prices have remained unchanged for over 6 months, Vladimir Ivanov said further, and added he expected no abrupt changes. “When there is less national production that is not a good thing. But the market does not tolerate any void. Naturally, we shall compensate for the high domestic price with the import price,” Vladimir Ivanov explained.
The minimum monthly wage as of January 1, 2026, should be 1,213 BGN (EUR 620.2), up from the current 1,077 BGN (EUR 550.66), said Luboslav Kostov, Chief Economist at the Confederation of Independent Trade Unions in Bulgaria (CITUB), in an interview..
After the adoption of the euro in Bulgaria on January 1, 2026, salaries, pensions, social benefits will not change their value, but will simply be converted from levs to euros at the official exchange rate of 1.95583 for one euro...
In the second quarter of 2025, the tourist activity of Bulgarians showed a growth of 4.1% compared to the same period in 2024, reaching 1.3 million citizens who travelled, data of the National Statistical Institute show. 67.5% of..
The leader of the GERB party Boyko Borisov met in Düsseldorf with the CEO of the defense concern Rheinmetall Armin Paperger . During the..
A van carrying 24 migrants, driven by a Bulgarian driver, was intercepted last night near the village of Lozenets (Tsarevo Municipality), Border..
On Tuesday , sunny weather will prevail with temporary increases in cloudiness, more significant over the southern regions of..
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