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 The traditional production has been replaced by emigration abroad, BNR correspondent Valya Apostolova reported.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.
The draft budget for 2025 proposes a deficit of 3%. The mid-term budgetary forecast targets a deficit of 3% up until 2028. The government debt is to increase to EUR 41.57 billion by 2028. The size of pension insurance is to be preserved in..
In 2025, the National Health Insurance Fund will be able to spend 1.2 billion leva (EUR 613 million) more on insured individuals, the draft budget of its Supervisory Board envisages. The health insurance contribution remains 8% of the insurable..
Bulgaria will meet the final criterion of price stability for entry into the eurozone by January. After that, politicians are in charge, Bulgarian National Bank Governor Dimitar Radev has told BNT. "Politicians must try to get the..
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