Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Bulgaria to spend over half a billion euro for purchase of wheat, sunflower and corn

Photo: library

Bulgaria is to spend over half a billion euro on the purchase of wheat, sunflower and corn in order to replenish its reserves, Minister of Finance Assen Vassilev said after the cabinet meeting. He pointed out that there was no ban on the export of these agricultural products.

The government has also discussed the sharp rise of the price of sunflower oil, which cannot be explained by a lack of raw materials. "Prices of 2.6 euros per liter are speculation," Minister of Economy Korneliya Ninova said, adding that the production price was about a euro. According to her, producers were holding back quantities in anticipation of exporting at higher prices. The minister also said that the Commission for Protection of Competition would be signaled over the case.




Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

More than 250 types of wine participate in the Avgustiada Wine and Cultural Heritage Festival

More than 250 types of wine participate in this year's 12th Festival of Wine and Cultural Heritage Avgustiada in Stara Zagora. It opens tonight at 5:30 p.m. with a parade of the contenders for Queen Avgustiada, folklore groups and the..

published on 9/27/24 2:13 PM

Balkan developments

Albania to start substantive EU accession negotiations on 15 October The EU's permanent representatives in Brussels have unanimously decided to open accession negotiations with Albania. The process will start on 15 October with an EU-Albania..

published on 9/27/24 1:30 PM

For the first time since 1985 the demographic decline in Bulgaria has practically stopped

For the first time in 38 years the population of Bulgaria has practically stopped its downward trend. In 2023 the decline is by a mere 0.3%, or just 2,229 people, indicate data from the demographic development strategy for last year. At the end of..

published on 9/27/24 11:29 AM