Agricultural land in Bulgaria has more than doubled in price, or by 108.7%, for the past 7 years, according to data of the National Statistical Institute. In 2016, the average price per decare of land was 386 EUR and last year it was 803 EUR.
Fields in the south-western region of the country marked the biggest price rise - more than 202% for 7 years. The reason is the sharp increase in the price of agricultural land in the region of Sofia. Second when it comes to price rise for the past 7 years is the north-western region with a rise of 117%. The price of land in Dobrudzha rose by 113% and the decare there costs EUR 1,820.
The political crisis is not affecting the economy in the short term – within 1-2 years , says Assoc. Prof. Krassen Stanchev from the Institute for Market Economics. “The political crisis is affecting those who are highly regulated – mostly big..
The Council of Ministers has approved a Memorandum of Understanding between the Government of Bulgaria and Smart Solar Technologies AD to implement a priority investment project for a "Solar Panel and Cell Manufacturing Plant." This project will be..
For the first half of 2024, the fast loans reached over 3 billion euros, according to the Bulgarian National Bank (BNB) . In comparison, at the end of June 2023, the granted quick loans totalled 2.5 billion euros. According to the..
The Romanian National Company for Road Infrastructure Administration (CNAIR) has announced a tender for a feasibility study for the construction of a..
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