The development of offshore wind farms should not be at the expense of fisheries, the Bulgarian Chamber of Shipping (BMC) said in a press release. There is a need for refinement of the texts adopted at first reading to the Renewable Energy in Maritime Spaces bill, said Captain Alexander Kalchev, Chairman of the Bulgarian Chamber of Shipping. He calls on lawmakers to take into consideration the interests of the fisheries and aquaculture sector, where thousands of Bulgarians are employed.
BMC agrees that there is a need for regulation of the offshore business, but not at the expense of other sectors of the blue economy, including maritime tourism. The Bulgarian Chamber of Shipping calls for a comprehensive analysis of the maritime economy, biodiversity and marine resources, and for identifying potentially negative effects of the implementation of renewable energy projects in the Black Sea.
According to data from the National Statistical Institute, Bulgaria experienced a monthly inflation rate of -0.2% in May 2024 . Year-on-year inflation from May 2024 compared to December 2023 stands at 0.4%, while the average annual inflation rate for the..
The demographic crisis in this country is advancing at a rapid rate, holding back the development of businesses, but this is a tendency observed in other countries as well. Because of their good qualifications, Bulgarian workers find work in many..
The World Bank predicts a more moderate improvement in Bulgaria's economic growth in 2024 and 2025. In its latest report "Global Economic Prospects" the institution expects a slight acceleration in Bulgaria's GDP growth from 1.8% in 2023 to 2.1% in..
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