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 developing local economies, with part of the money earmarked for irrigation.
The reception of strategies under the "Community-Led Local Development" approach will begin in January next year, with a budget of nearly EUR 370 million. The aim is to increase employment and incomes and improve social services. There is also a budget of nearly EUR 100 million for the modernisation of the irrigation infrastructure. Three separate procedures will also be opened to stimulate the development of non-agricultural activities in rural areas. These are manufacturing, service provision and handicraft activities, which have a total budget of around EUR 100 million.
Bulgaria will meet the price stability criterion for joining the eurozone without the need for subjective calculations, said the Institute for Market Economics (IME), which refers to inflation data in recent months. Following a positive..
In the first quarter of 2025, the average quarterly total income per household member in Bulgaria was BGN 3,271 (€1,672), marking a 15.2% increase compared to the same period in 2024. This data comes from the Household Budget Survey by the National..
Bulgaria's main trading partners are Germany, Romania, Italy, Greece and France, which account for 62.5% of exports to EU Member States, according to NSI data. In February, exports of goods from this country to the EU decreased by..
Bulgaria will meet the price stability criterion for joining the eurozone without the need for subjective calculations, said the Institute for..
+359 2 9336 661