Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Bulgaria to spend over half a billion euro for purchase of wheat, sunflower and corn

Photo: library

Bulgaria is to spend over half a billion euro on the purchase of wheat, sunflower and corn in order to replenish its reserves, Minister of Finance Assen Vassilev said after the cabinet meeting. He pointed out that there was no ban on the export of these agricultural products.

The government has also discussed the sharp rise of the price of sunflower oil, which cannot be explained by a lack of raw materials. "Prices of 2.6 euros per liter are speculation," Minister of Economy Korneliya Ninova said, adding that the production price was about a euro. According to her, producers were holding back quantities in anticipation of exporting at higher prices. The minister also said that the Commission for Protection of Competition would be signaled over the case.




Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Just 10% of Bulgarians insure their properties

Bulgaria is among the countries with the highest shares of own property in Europe, but has the lowest share of insured homes, Nikolay Stanchev, chairman of the Management Board of the Association of Bulgarian Insurers, told BNT...

published on 7/24/24 2:39 PM
Dimitar Glavchev

Victims of the fires can be accommodated in hotels

After hard days of fighting the fires, the situation in the country is under control. There is no danger of the fire on Greek territory near the Bulgarian-Greek border spreading, it was reported People whose houses have been..

published on 7/24/24 2:21 PM

European Commission nearly repeats its 2023 recommendations for Bulgarian justice

The European Commission has presented the annual report on the rule of law in the EU. The Commission notes the changes adopted in the Constitution of Bulgaria. Sofia is once again recommended to undertake legal changes to avoid the..

published on 7/24/24 1:13 PM