At the start of the harvest season, Yanislav Yanchev, the Deputy Minister of Agriculture, predicted that the wheat would be of good quality. The country continues to maintain a stable position as a grain producer. The domestic market is secure and there are export opportunities.
Given the expected good harvest, Ilia Prodanov, chairman of the National Association of Grain Producers, said there is no reason for bread prices to rise.
Over 1.19 million hectares of wheat and more than 174,000 hectares of barley are scheduled for harvest. Forecasts indicate average wheat yields of over 5 metric tonnes per hectare, with total production expected to exceed 6 million tonnes.
Despite the unexpected cold spells and late frosts in April, which caused fruit trees to freeze across almost the entire country, autumn crops are expected to yield well, similar to last year.
According to data from the Bulgarian National Bank, household bank loans in Bulgaria surpassed €25.5 billion mark , reaching €25.59 billion by the end of May 2025. The Bulgarian News Agency (BTA) reported that the total loan amount had increased by..
A number of institutions – the Ministry of Labor and Social Policy, the Employment Agency, the Executive Agency for Bulgarians Abroad and the Ministry of Interior, as well as members of parliament, have made a clear commitment – to..
Bulgarians working abroad sent over EUR 420 million to their relatives during the first quarter of 2025. This amount is EUR 66 million higher than in the same period of 2025. The largest sum was sent by the Bulgarian diaspora in the United States,..
In 2025, Bulgarian tourism maintains sustainable growth despite global challenges. According to analysts, a record number of foreign..
The base interest rate in Bulgaria is decreasing to 1.91% as of July 1, announced the Bulgarian National Bank. The base interest rate is dropping by..
Partly Cloudy
Clear