The speculations of a rise in the price of sunflower oil in the coming months due to the poor harvest in the country will not come to pass, Vladimir Ivanov, chairman of the Commodity Exchange and Wholesale Markets State Commission said for the BNR. The European market is going to make up for any possible shortages, and even if there is a price rise it is not going to exceed 10%, experts say. There will be no significant rise in the price of sunflower oil as sunflower producers and processors have warned. The European and the world markets are balanced and prices have remained unchanged for over 6 months, Vladimir Ivanov said further, and added he expected no abrupt changes. “When there is less national production that is not a good thing. But the market does not tolerate any void. Naturally, we shall compensate for the high domestic price with the import price,” Vladimir Ivanov explained.
On Friday, the lowest temperatures will range from 15°C to 22°C, 16°C in Sofia. During the day, the cloud cover will often be significant. Cumulonimbus clouds will develop around and after noon. There will be brief showers in many areas. Intense and..
Joining the eurozone will provide Bulgaria with stability as part of the common currency area, said Christine Lagarde, President of the European Central Bank (ECB), in a press conference following an ECB interest-rate meeting, according to BTA. She..
Anna-Maria Halacheva, a doctoral student at the Institute of Computer Science, Artificial Intelligence and Technologies (INSAIT) at Sofia University "St. Kliment Ohridski", has been recognised by the European Commission as a successful young European...
The entire Europe Motorway will be open for traffic o n Sunday (September 14) , Bulgaria’s Minister of Regional Development and Public Works Ivan..
On Thursday, temperatures will be between 16 and 19°C , with 16°C in Sofia. During the day, a cold atmospheric front passing from west to east will bring..
A new Institute for the Bulgarian Diaspora and Cultural Heritage Abroad has been launched at the University of Library Studies and Information..
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