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

NSSI proposes reforms to secure Bulgaria's pension system

In 2023, there will be 68 pensioners per 100 insured workers in Bulgaria. By 2070, the ratio is expected to be 78 pensioners per 100 insured workers. This information comes from a 2024 report by the National Social Security Institute, which forecasts..

published on 8/27/24 3:55 PM
Atanas Ilkov

Newly appointed Interior Minister promises fair elections

The new caretaker Interior Minister, Atanas Ilkov, has promised that there will be no turmoil in the Interior Ministry. If there are any changes, they will be cosmetic, he said as he took over the ministry from caretaker minister Kalin Stoyanov...

published on 8/27/24 2:51 PM

The new carataker cabinet is sworn in

At an extraordinary meeting of the National Assembly, the members of the caretaker Council of Ministers, appointed by decree of President Rumen Radev, together with Prime Minister Dimitar Glavchev, took the oath before the people's representatives...

published on 8/27/24 11:44 AM