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.
According to data from the National Statistical Institute, Bulgaria experienced a monthly inflation rate of -0.2% in May 2024 . Year-on-year inflation from May 2024 compared to December 2023 stands at 0.4%, while the average annual inflation rate for the..
The demographic crisis in this country is advancing at a rapid rate, holding back the development of businesses, but this is a tendency observed in other countries as well. Because of their good qualifications, Bulgarian workers find work in many..
The World Bank predicts a more moderate improvement in Bulgaria's economic growth in 2024 and 2025. In its latest report "Global Economic Prospects" the institution expects a slight acceleration in Bulgaria's GDP growth from 1.8% in 2023 to 2.1% in..
Partly Cloudy
Clear