Because of the drought, Bulgaria reports lower yields of corn and sunflower in 2020, the Ministry of Agriculture has reported.
Just over 2.8 million tons of corn were produced on 572,417 hectares. The average yield of corn is 494 kg per decare. In 2019 corn harvest was over 3.1 million tons, with an average yield of 684 kg per decare. Because of the spring drought, the biggest decline in yields is seen in the eastern regions of Bulgaria - an average of 50 percent.
Harvested sunflower for 2020 is over 1.6 million tons from 809,563 hectares. The average yield for the country is 203 kg per decare. In 2019, the total harvested amount reached 1.7 million tons, with an average yield of 230 kg per decare, BTA reported.
The direct losses for Bulgaria from the delayed full accession to the Schengen Area amount to EUR 424 million, caretaker Minister of Economy Petko Nikolov said . He quoted a report by the Economic Research Institute at the Bulgarian Academy of..
IT is one of the leading sectors in terms of salary increases and interest by job seekers in Bulgaria. Before the pandemic all kinds of experts were being hired regardless of their expertise or practical skills, but now preference is given to people..
The Bulgarian National Bank (BNB) announced that it is lowering the base interest rate to 3.63% as of July 1. In May and June, the base interest rate was 3.78%. Bulgaria is in a currency board and the Bulgarian lev is pegged to the euro. Therefore,..
+359 2 9336 661