More than 28m euros (56.5m levs) will be provided for livestock farming. Such an agreement was reached at a meeting between Prime Minister Boyko Borissov and Agriculture Minister Desislava Taneva with industry representatives. This was announced on the website of the Ministry of Agriculture. The aid is to improve the liquidity of farms that have deferred their loans and are unable to repay them during the pandemic. Notification will be requested from the EC for this aid. PM Borissov also added that more than 13m euros (26m levs) have been provided for farmers suffering losses due to drought.
Bulgaria fulfils three of the Maastricht criteria for joining the euro zone, but still does not meet the price stability and inflation targets, according to a report by the European Commission, as quoted by BTA. Bulgaria does not currently meet the..
Bulgaria will receive €65.2 million from the EU for a project to reinforce the electricity grid to better support the integration of renewable energy, the European Commission said in a statement. The money is part of a total of nearly €3 billion..
Bulgaria ranks 58th out of 67 countries in the World Competitiveness Yearbook of the Institute for Management Development (IMD), Switzerland. The country has shown a lack of progress since 2021 and dropped 10 positions compared to 2020 and 20..
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