Exports of Bulgarian wine in the first half of 2020 remained unchanged as compared to previous years despite the coronavirus pandemic. However, a decrease was registered in the exports of wine to traditional markets such as China. On the other hand, exports to EU countries increased, the Bulgarian Ministry of Agriculture, Food and Forestry announced. The ministry specifies that the total area of land covered by vines amounts to 60,862 hectares. 61% of the vineyards are registered for production of wines with protected designations of origin and protected geographical indications.
The total number of registered wine producers in Bulgaria amounts to 294.
Until the end of 2024, businesses will continue to receive compensations for high electricity prices. They will be 100% after a price of over 90 euros per megawatt hour on the stock exchange. The previous threshold was 100 euros. The..
Deposits in banks for the first quarter of 2024 have reached a record level of 75.4 billion euros. From January to March, deposits grew by EUR 1.35 billion or by 1.8%. The rise is mainly due to increased household deposits, the..
Although bilateral trade reached nearly $4 billion last year, there are still untapped opportunities to further increase Bulgarian exports to China. This was made clear at a meeting between the Minister of Economy and Industry, Mr. Petko Nikolov, and..
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