Entire villages in the Eastern Rhodopes are giving up on traditional tobacco growing in the region. One of the reasons is the low purchase prices.
The agricultural institutions in the region report extremely low interest in buying the new harvest. Applications submitted so far for registration of tobacco producers from the entire Kardzhali region are just 96, which is 11% of those submitted in 2020. The traditional production has been replaced by emigration abroad, BNR correspondent Valya Apostolova reported.
Locals believe that tobacco production could be revived if raw purchase prices rose.
Inflation for 2024 is 2.2% compared to the previous year, the National Statistical Institute reports. In December, this indicator was 0.4%. Annual average inflation for the period January 2024 - December 2024 compared to the period January 2023 -..
Without compensation for the price of electricity, companies will be uncompetitive, said Vasil Velev of the Bulgarian Industrial Capital Association (BICA) at a press conference held jointly with trade unions. Those who cannot pass on the increase in..
Bulgarian exports are expected to grow by 5.8% annually after Bulgaria joins the eurozone. Trade in goods could increase by 3.3%, and in the services sector, growth might reach 8.4%. This is predicted by an analysis by the trade credit insurance..
Inflation for 2024 is 2.2% compared to the previous year, the National Statistical Institute reports. In December, this indicator was 0.4%. Annual..
+359 2 9336 661