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.
Housing loans in Bulgaria increased by 24.8% year-on-year, reaching BGN 22.3 billion (EUR 11.4 billion) by the end of June 2024, according to the BGNES news agency. Consumer loans also rose by 14% year-on-year compared to June 2023, reaching BGN..
Bulgaria’s real GDP growth is expected to stand at 2.1% in 2024, indicates the macroeconomic forecast of the Bulgarian National Bank (BNB) in June. Bulgaria’s real GDP growth is expected to stand at 2.1 per cent in 2024, driven by the positive..
The caretaker government has instructed Deputy PM and Minister of Finance Lyudmila Petkova to submit, by 11 September, a proposal for amending the REpowerEU chapters of the recovery and resilience plan. This is being done so as to make the..
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