Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Bulgaria to spend over half a billion euro for purchase of wheat, sunflower and corn

Photo: library

Bulgaria is to spend over half a billion euro on the purchase of wheat, sunflower and corn in order to replenish its reserves, Minister of Finance Assen Vassilev said after the cabinet meeting. He pointed out that there was no ban on the export of these agricultural products.

The government has also discussed the sharp rise of the price of sunflower oil, which cannot be explained by a lack of raw materials. "Prices of 2.6 euros per liter are speculation," Minister of Economy Korneliya Ninova said, adding that the production price was about a euro. According to her, producers were holding back quantities in anticipation of exporting at higher prices. The minister also said that the Commission for Protection of Competition would be signaled over the case.




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

Minister of Finance Temenuzhka Petkova

Finance Minister Petkova confirms Bulgaria's readiness for eurozone integration

Finance Minister Temenuzhka Petkova has announced that Bulgaria is ready to join the eurozone. She made the statement at a business breakfast hosted by the American and British Chambers of Commerce in Bulgaria. Minister Petkova emphasised that Bulgaria..

published on 4/15/25 1:37 PM

The new ambassador of Italy has presented his credentials.

Deputy Foreign Minister Elena Shekerletova received the credentials of the new Italian Ambassador in Sofia, Marcello Apicella, the Foreign Ministry said. During the talks, both sides expressed satisfaction with the long-standing friendly relations and..

published on 4/15/25 1:20 PM

Shell to explore for oil and gas in Bulgaria’s economic zone in the Black Sea

Bulgaria’s Minister of Energy Zhecho Stankov and Vanya Ivancheva, Country Chair Shell Bulgaria, signed a contract for oil and gas exploration in Bulgaria’s exclusive economic zone in the Black Sea. The ceremony took place at the Council of Ministers..

published on 4/15/25 12:28 PM