Exports of Bulgarian wine in the first half of 2020 remained unchanged as compared to previous years despite the coronavirus pandemic. However, a decrease was registered in the exports of wine to traditional markets such as China. On the other hand, exports to EU countries increased, the Bulgarian Ministry of Agriculture, Food and Forestry announced. The ministry specifies that the total area of land covered by vines amounts to 60,862 hectares. 61% of the vineyards are registered for production of wines with protected designations of origin and protected geographical indications.
The total number of registered wine producers in Bulgaria amounts to 294.
The likelihood of Bulgaria joining the eurozone on 1 January 2026 is growing by the day. The country would become the 21st EU member to adopt the single currency. The signals are coming both from the Bulgarian government, which has repeatedly stated..
The Bulgarian National Bank (BNB) has again reduced the key interest rate in the country . As of May 1, it will now be 2.24 percent. The decrease compared to April is 0.15%, when it was 2.39 percent. This is the eighth consecutive month of a decrease in..
An analysis by the Ministry of Economy and Industry shows that in 2024, Bulgaria's trade with the United States accounted for 1.7% of the country’s total trade volume, with exports to the U.S. making up 2.6% of total exports and imports from the U.S...
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