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.
In its "Economic Freedom of the World, 2025" ranking , the Canadian Fraser Institute gives Bulgaria a score of 7.13 out of a maximum of 10 points. This places the country 56th out of 165. It ranks between Greece and Thailand. In 2024, Bulgaria was 52nd..
As of October 1, the base interest rate in Bulgaria is 1.81%. The rate has been declining for the 12th consecutive month, this time by 0.01% compared to September 2025. The base interest rate in Bulgaria, which is used to calculate the annual..
Bulgaria’s accession to the eurozone will reduce transaction costs with key trade and investment partners, according to the annual U.S. State Department report on the investment climate in the country, reported BGNES. The report emphasizes that..
Cloudy
Mostly Cloudy