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 Balkan Stream gas pipeline will not be subject to US sanctions for transactions with Russia's Gazprombank. This was revealed in a written answer to a parliamentary question to Energy Minister Zhecho Stankov. On December 23, 2024, the Ministry of..
Bulgaria’s Minister of Foreign Affairs Georg Georgiev met with North Macedonia’s Foreign Minister Timco Mucunski during the Munich Security Conference. Georg Georgiev emphasized that Bulgaria's position regarding the European integration of North..
The weather will be cloudy during the next 24 hours. Snow will fall in the northeastern part of Bulgaria, which will spread to many regions of Northern Bulgaria during the day. It will rain in the southern parts of the country. Snowfall will be..
Bulgaria’s Premier Rosen Zhelyazkov convened an emergency meeting at the Council of Ministers on Saturday dedicated to the issue of food prices...
Bulgaria's Minister of Foreign Affairs, Georg Georgiev, participated in a working breakfast dedicated to addressing illegal migration and its..
Expanding connectivity between Bulgaria and Turkiye is an investment in the development of the entire region, President Rumen Radev said at a meeting..
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