Daily webcast

Bulgarian National Radio © 2021 All Rights Reserved

Pandemic and drought bring down price of arable land

Photo: BGNES

The price of arable land, and the rent from it, has dropped for the first time after 8 straight years of increase, National Statistical Institute data show.

In 2020, owing to the pandemic the average price of one hectare of arable land in Bulgaria was 5,330 euro, whereas one year earlier the price was 5,380 euro. Seven years ago one hectare cost 3,620 euro – prices excluding VAT and notarial fees. Rent has also dropped by 6.1% - from 25 to 235 euro per hectare. 

More from category

33.6% of the population of Bulgaria at risk of poverty and social exclusion: Eurostat

Bulgaria and Romania are the two countries of the European union with the highest share of people at risk of poverty and social exclusion, according to Eurostat data.  More than one-quarter of their population – alongside Greece and Spain – are at..

published on 10/16/21 5:28 PM

80% Bulgarians do not know what the country’s position on the Green Deal is: survey

80% of people in Bulgaria do not know what Bulgaria’s position on the Green Deal is, and 83% - what the EU’s aims are in gradually making the economy independent of coal as a source of energy, a survey by Trend research centre shows.   68% of the..

published on 10/16/21 4:53 PM
The Vera Su

Excessive ammonium nitrogen levels and a smell of petroleum products in the vicinity of stranded ship Vera Su

The levels of ammonium nitrogen in the region of Vera Su, the ship which ran aground near Kamen Bryag almost one month ago, are three times higher than the levels that have so far been gauged by the coastguard station, the Ministry of Environment..

updated on 10/16/21 4:05 PM