On October 10, farmers will receive transfers totaling BGN 200 million (EUR 102 million) under the so-called "Ukrainian aid", announced caretaker Minister of Agriculture and Food Georgi Tahov. At a meeting with representatives of the agricultural sector, Minister Tahov said that there is a decision of the State Fund Agriculture to pay the amount and a notification has been sent to the European Commission for the entire amount of BGN 325 million (EUR 166 million).
Georgi Tahov and Finance Minister Lyudmila Petkova will meet with representatives of stakeholders on October 10.
Minister Tahov added that due to adverse weather conditions that have had a negative impact on agricultural production, Bulgaria requested the activation of the EU's crisis reserve, allowing affected farmers in the country to benefit from this mechanism for the first time.
Employers are contesting the rise of the minimum wage. The Bulgarian Industrial Capital Association announced that they filed a complaint in the Supreme Administrative Court. About 430,000 people in the country work for minimum wage...
If the political crisis continues, the lost benefits will reach a threshold after which the Bulgarian business will begin to lose competitiveness due to growing deficits in education, healthcare, infrastructure, regional development and demographics...
We are moving towards the option of not having a quickly adopted budget for 2025, Lachezar Bogdanov, chief economist from the Institute for Market Economics, told BNR. In presenting the institute's alternative state budget, the..
Acceleration of inflation to 1.1% in October compared to the previous month was registered by the National Statistical Institute. On an..
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