More than EUR 1 billion will be invested in agriculture and rural areas in Bulgaria in 2025. According to a decision by the Monitoring Committee of the Strategic Plan for Agricultural Development, the funds are aimed at modernizing agriculture and developing local economies, with part of the money earmarked for irrigation.
The reception of strategies under the "Community-Led Local Development" approach will begin in January next year, with a budget of nearly EUR 370 million. The aim is to increase employment and incomes and improve social services. There is also a budget of nearly EUR 100 million for the modernisation of the irrigation infrastructure. Three separate procedures will also be opened to stimulate the development of non-agricultural activities in rural areas. These are manufacturing, service provision and handicraft activities, which have a total budget of around EUR 100 million.
Bilateral relations between Bulgaria and Argentina have received a new impetus for development following the visit of an Argentine delegation from the Chaco province to Bulgaria at the beginning of November . High-ranking officials from the..
Employers are contesting the rise of the minimum wage. The Bulgarian Industrial Capital Association announced that they filed a complaint in the Supreme Administrative Court. About 430,000 people in the country work for minimum wage...
If the political crisis continues, the lost benefits will reach a threshold after which the Bulgarian business will begin to lose competitiveness due to growing deficits in education, healthcare, infrastructure, regional development and demographics...
Bulgaria’s industry is being transformed in the direction of high added value productions, reads an analysis by the Institute for Market Economics...
Acceleration of inflation to 1.1% in October compared to the previous month was registered by the National Statistical Institute. On an..
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