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

Bulgarian farmers to receive EUR 102 million under the so-called "Ukrainian aid"

Photo: Ministry of Agriculture and Food

On October 10, farmers will receive transfers totaling BGN 200 million (EUR 102 million) under the so-called "Ukrainian aid", announced caretaker Minister of Agriculture and Food Georgi Tahov. At a meeting with representatives of the agricultural sector, Minister Tahov said that there is a decision of the State Fund Agriculture to pay the amount and a notification has been sent to the European Commission for the entire amount of BGN 325 million (EUR 166 million).

Georgi Tahov and Finance Minister Lyudmila Petkova will meet with representatives of stakeholders on October 10.

Minister Tahov added that due to adverse weather conditions that have had a negative impact on agricultural production, Bulgaria requested the activation of the EU's crisis reserve, allowing affected farmers in the country to benefit from this mechanism for the first time.



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

Krassen Stanchev

Despite the political crisis in the country, the economy is developing steadily, Krassen Stanchev says

The political crisis is not affecting the economy in the short term – within 1-2 years , says Assoc. Prof. Krassen Stanchev from the Institute for Market Economics. “The political crisis is affecting those who are highly regulated – mostly big..

published on 8/22/24 11:22 AM

Bulgarian government approves a €120m solar panel project with Smart Solar Technologies AD

The Council of Ministers has approved a Memorandum of Understanding between the Government of Bulgaria and Smart Solar Technologies AD to implement a priority investment project for a "Solar Panel and Cell Manufacturing Plant."  This project will be..

published on 8/21/24 2:40 PM

Families are taking out more quick loans to cover consumer expenses

For the first half of 2024, the fast loans reached over 3 billion euros, according to the Bulgarian National Bank (BNB) . In comparison, at the end of June 2023, the granted quick loans totalled 2.5 billion euros. According to the..

published on 8/19/24 8:50 AM