Bulgaria is famous for the delicious fruits and vegetables that its land produces. Traditions in Bulgarian horticulture have paved the basis for this sector in a number of other European countries. However, it turns out that nowadays fruit and vegetable production has been constantly shrinking and is no longer able to meet the needs of the Bulgarian consumer.
Despite the European subsidies, fruit and vegetable production in this country continues to be noncompetitive and unable to meet the needs of the country, a comparative analysis of the non-governmental organization "InteliAgro" shows. Their study aims to assess how policies implemented in the sector affect the domestic market of Bulgarian products.
Data in the analysis show that Bulgaria holds one of the first places in terms of the amount of subsidies for the Fruit and Vegetable sector, but it still remains vulnerable. With an average rate of 251 euros per decare in the EU, Bulgarian horticulturists received twice as much - 541 euros.
Fruit and vegetable production in Bulgaria fails to satisfy the domestic demand when it comes to 16 out of 19 studied crops.
When it comes to some crops, such as peppers, cabbage, peaches and apples, there has been no increase in production at all between the last two European programming periods. Experts find this puzzling given the fact that in the first period, which coincides with the accession of Bulgaria to the EU (2007-2011), coupled support was not offered. In the period 2014-2020, about EUR 40 million per year have been allocated to the Fruit and Vegetable sector, as this is production-related support.
Experts recommend that in the future subsidies should be linked to proven production efficiency. Public funds should not be used to support plantations located in unsuitable areas, while investments in irrigation and hail protection in endangered areas should be obligatory when it comes to support with European funds.
Editor: E. Karkalanova /based on materials by BNR- „Horizont“ and InteliAgro/
English: Alexander Markov
A few hours before being sworn in for the second time as President of the United States, Donald Trump shocked the international community with the news that he was launching his own cryptocurrency, called $TRUMP. A precedent that provoked many questions..
The financial situation in the country is critical, Finance Minister Temenuzhka Petkova says. Which means that the good news – the slowing inflation rate (on an annual basis) and Bulgaria’s full accession to the Schengen area at the beginning of the..
Moody's Ratings has affirmed Bulgaria's long-term and short-term rating at Baa1 with a stable outlook. The affirmation of Bulgaria's Baa1 rating reflects the rating agency's expectations that Bulgaria's debt and creditworthiness indicators will remain..
Germany remains Bulgaria's strongest economic partner. Trade between the two countries for 2024 amounts to EUR 12 billion, said Tim Kurth, President of..
Mostly Cloudy
Cloudy
Partly Cloudy
Cloudy