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.
Less than 100 days remain until Bulgaria joins the eurozone, and this is another reason to talk about the incomes of people in Bulgaria, about the Bulgarian economy, about foreign investments and about the domestic labour market which reacts the..
At the end of September, with a little over three months to go until the Rubicon in Bulgarian public finance - 1 January, 2026, when the country will officially leave the currency board and adopt the single European currency, the euro – issues..
Bulgaria is among the most dynamic and promising economies in Southeastern Europe, said Prime Minister Rosen Zhelyazkov. He participated in a luncheon roundtable discussion in New York organized by the Delphi Economic Forum and the Business Council..
Partly cloudy, chance of rain
Overcast, rain
Cloudy
Cloudy