458 million euros from the Rural Development Program will be directed for investments and support measures for young farmers and small farms, BNR’s Horizont program has reported. Investment projects for the farms will have maximum costs of up to 1 million euros, half of which will be EU funds, as well 1.5 million euros when aid intensity was 35%.
Projects for processing of agricultural products will have a ceiling of 2 million euros at 50% intensity and 3 million with 35% share of European money. The requirement for priority of projects for rural areas has been dropped, as the goal is to focus financing on organic production, irrigation and introduction of new technologies in agriculture.
The base interest rate in the country is being reduced to 1.82% as of 1 August 2025, the Bulgarian National Bank (BNB) has announced. The reduction is by 0.09% compared to July, when it was 1.91%. The simple annual interest rate is being reduced..
The jury at the International Triennial of Stage Posters and the Ministry of Tourism awarded three equal prizes and 8 incentive prizes for tourist posters on the subject of “Bulgaria”. The jury, headed by Prof. Bozhidar Yonov, reviewed 144 posters..
President Rumen Radev expressed his appreciation of Great Britain’s support for Bulgaria in guarding the EU’s external borders. President Radev met with the British ambassador to Bulgaria Nathaniel Copsey, the Bulgarian news agency BTA reports...
Firefighting equipment should be purchased for the Air Force, where an organisation and crew are already in place , rather than for the Ministry of the..
The Council of Ministers has decided to grant a total of €460,176 in aid to families affected by the forest fires. 'Until now, they could apply for..
On Thursday, minimum temperatures will range from 15 to 22°C , in Sofia – 16°C. Heavy rain clouds will develop from the southwest to the east-northeast..
Partly cloudy, chance of rain
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