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 base interest rate in Bulgaria is decreasing to 1.91% as of July 1, announced the Bulgarian National Bank. The base interest rate is dropping by 0.16% compared to the previous month, when it stood at 2.07%. Thus, the base interest rate will be..
In 2025, Bulgarian tourism maintains sustainable growth despite global challenges. According to analysts, a record number of foreign visitors is expected in the coming months as a result of stable international markets and the..
The Bulgarian Investment Agency (BIA) and the Japan External Trade Organization (JETRO) are signing a memorandum of understanding that will give new impetus to the trade and economic relations between Bulgaria and Japan. The two countries are seeking..
"The example of Croatia is very important, because at the same time that there was inflation after the adoption of the euro in Croatia, in neighboring..
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