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.
Natural gas prices are expected to fall by about 14% from current levels, Bulgargaz CEO Veselin Sinabov told a public meeting of the Energy and Water Regulatory Commission (EWRC). This means that one megawatt hour will cost 31.91 euro, compared to 36.88..
The Bulgarian National Bank (BNB) has revised upwards its expectations for Bulgarian economic growth in 2025 but lowered its GDP growth forecast for 2026, it transpired from the Bank's regular quarterly Macroeconomic Forecast. In its March..
Bulgaria’s debt for 2024 amounts to BGN 48.846 billion (EUR 24 billion), or 24.1% of the country’s GDP, preliminary data from the National Statistical Institute (NSI) show. In 2023, the country's debt was BGN 42.383 billion (EUR 20.8 billion), or..
This year will be the last in which Bulgarians receive their income in leva. In what currency will people declare their money to the tax authorities..
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