More than 28m euros (56.5m levs) will be provided for livestock farming. Such an agreement was reached at a meeting between Prime Minister Boyko Borissov and Agriculture Minister Desislava Taneva with industry representatives. This was announced on the website of the Ministry of Agriculture. The aid is to improve the liquidity of farms that have deferred their loans and are unable to repay them during the pandemic. Notification will be requested from the EC for this aid. PM Borissov also added that more than 13m euros (26m levs) have been provided for farmers suffering losses due to drought.
The Bulgarian National Bank (BNB) has revised upwards its expectations for Bulgarian economic growth in 2025 but lowered its GDP growth forecast for 2026, it transpired from the Bank's regular quarterly Macroeconomic Forecast. In its March..
Bulgaria’s debt for 2024 amounts to BGN 48.846 billion (EUR 24 billion), or 24.1% of the country’s GDP, preliminary data from the National Statistical Institute (NSI) show. In 2023, the country's debt was BGN 42.383 billion (EUR 20.8 billion), or..
A working individual living in a one-person household needs a net monthly income of 1,521 BNG (EUR 747) to cover basic needs. A three-member household needs 2,738 BGN (EUR 1,344). The income needed to cover minimum living costs increases by..
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