On October 10, farmers will receive transfers totaling BGN 200 million (EUR 102 million) under the so-called "Ukrainian aid", announced caretaker Minister of Agriculture and Food Georgi Tahov. At a meeting with representatives of the agricultural sector, Minister Tahov said that there is a decision of the State Fund Agriculture to pay the amount and a notification has been sent to the European Commission for the entire amount of BGN 325 million (EUR 166 million).
Georgi Tahov and Finance Minister Lyudmila Petkova will meet with representatives of stakeholders on October 10.
Minister Tahov added that due to adverse weather conditions that have had a negative impact on agricultural production, Bulgaria requested the activation of the EU's crisis reserve, allowing affected farmers in the country to benefit from this mechanism for the first time.
Moody's Ratings has affirmed Bulgaria's long-term and short-term rating at Baa1 with a stable outlook. The affirmation of Bulgaria's Baa1 rating reflects the rating agency's expectations that Bulgaria's debt and creditworthiness indicators will remain..
On January 27th, government securities for 150 million euros (300 million leva) will be offered on the domestic market , the Bulgarian National Bank (BNB) announced. The bonds will have a maturity of 7 years and an annual interest rate of 3.25%. On..
Bulgaria is making the necessary progress towards adopting the euro, according to representatives of the European institutions whom Finance Minister Temenuzhka Petkova met with. This progress will allow Bulgaria to request extraordinary convergence..
Moody's Ratings has affirmed Bulgaria's long-term and short-term rating at Baa1 with a stable outlook. The affirmation of Bulgaria's Baa1 rating..
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