The discussion in Brussels on setting a limit to agricultural subsidies has created opposition between Bulgarian farmers. Grain producers have threatened to protest with tractors in front of the ministry of agriculture if the caretaker minister supported the reform. If he did not support it, stockbreeders would protest with their animals.
Reducing payments to 60,000 euros and setting a limit of 100,000 euros per farm are being discussed in the European Agriculture and Fisheries Council. According to Bulgarian grain producers cultivating more than 500 hectares each, this is unacceptable and would cause damage to the sector. However, stockbreeders call for the introduction of limits as according to statistics, 8% of Bulgarian grain producers collect 80% of EU subsidies.
Sofia is the best city in Europe to retire to, according to a survey by the business solutions company Moneypenny, Forbes writes. The survey takes into account factors such as average cost of living, retirement savings needed, and a variety of..
The Bulgarian National Bank has lowered the base interest rate for the second consecutive month. As of August 1, it stands at 3.53%, down from 3.63% in July. Since the end of 2023, the base interest rate has been gradually falling. From February..
Moody's expects Bulgaria to join the Eurozone no later than the beginning of 2026. According to the rating agency, the growth of the Bulgarian economy in 2024 will be 2.9%. The ongoing domestic political crisis and the likelihood of new early elections..
The investment in Sofia Airport's Terminal 3 will set new standards for the industry and travel in Eastern Europe, reports BTA, quoting Jesus Caballero,..
Bulgaria and China established diplomatic relations 75 years ago – in 1949. A year later, the People’s Republic of China and the People’s Republic of..
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