Amendments to the Ownership and Use of Agricultural Land Act have been presented for public consultation. Land owners will have two more years to establish where their properties’ true boundaries lie. Agricultural offices will have five more years to satisfy the claims of land owners. The termination of land restitution concerns nearly 1 million Bulgarians and 80,000 farmers, the impact assessment reads.
Many Bulgarians who claimed the true boundaries of their property won their cases against Bulgaria at the European Court of Human Rights.
On October 31, 2024, 10 business leaders in Bulgaria founded the first Bulgarian-Czech Chamber of Commerce in the country. At the Embassy of the Czech Republic in Sofia, in the presence of Martin Dvořák, Minister of European Affairs of the Czech..
In the space of 15 years, from 2005 until 2020, 75% of the farms in the country have disappeared – from 500,000 in 2005 down to 132,000 in 2020, said Prof. Dr. Bozhidar Ivanov, Director of the Institute of Agrarian Economics at an international..
In October 2024, the total business climate indicator decreased by 5.6 percentage points compared to September, dropping from 22.5% to 16.9%. The index declined in all monitored sectors, the National Statistical Institute announced. In industry, the..
Butter and vegetable oil are the products that have increased in price the most over the year. The retail price of vegetable oil will range between 3..
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