Despite the bad harvest in 2020, the potential for the export of wheat is good, indicates an analysis by the Centre for Agri-Policy Analysis CAPA. The forecast is that by next summer Bulgaria will have sold 3.7 million tons of wheat abroad. This is the lowest export level since 2015. The wheat harvested, according to CAPA is 5.2 milliion tons – at an average yield of 4.3 tons.per hectare. The Ministry of Agriculture estimates the amount of wheat harvested at one million tons less that the above figure, writes sinor.bg.
The maize harvest is expected to be 6.85 tons per hectare or 3.8 million tons, which is 3% down compared to 2019. Maize production will be down by 19% compared to the amounts over the past 5 years.
The liberalization of the electricity market for household consumers and their entering the free electricity market, something companies did years ago, is being postponed. At least for now. The reform should have entered into effect on 1..
The preparation of the non-banking financial sector for the introduction of the euro is at a very advanced stage and a significant part of it has already taken concrete measures to adapt to the new currency, the new chairman of the Financial..
The likelihood of Bulgaria joining the eurozone on 1 January 2026 is growing by the day. The country would become the 21st EU member to adopt the single currency. The signals are coming both from the Bulgarian government, which has repeatedly stated..
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