At the start of the harvest season, Yanislav Yanchev, the Deputy Minister of Agriculture, predicted that the wheat would be of good quality. The country continues to maintain a stable position as a grain producer. The domestic market is secure and there are export opportunities.
Given the expected good harvest, Ilia Prodanov, chairman of the National Association of Grain Producers, said there is no reason for bread prices to rise.
Over 1.19 million hectares of wheat and more than 174,000 hectares of barley are scheduled for harvest. Forecasts indicate average wheat yields of over 5 metric tonnes per hectare, with total production expected to exceed 6 million tonnes.
Despite the unexpected cold spells and late frosts in April, which caused fruit trees to freeze across almost the entire country, autumn crops are expected to yield well, similar to last year.
"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 Hungary, where the forint remained and the euro was not adopted, there was higher inflation, which..
The main challenges in introducing the euro in Croatia were the weak economy and poverty of the population. This was said in an interview with the Bulgarian National Radio by Croatian MEP Gordan Bosanac from the group of the Greens/European Free..
Due to Bulgaria's accession to the eurozone, the international rating agencies Fitch Ratings and S&P Global Ratings have upgraded the country’s long-term foreign currency issuer default rating to ‘BBB+’ with a stable outlook , which is..
Partly Cloudy