High inflation is a real test for the world economy and the price shock has already reached Bulgaria. In April, the rise of the cost of basic necessities in the country reached 20%. Some of the prices were inflated speculatively but there..
It looks like we are in for a successful summer season despite the long pandemic and the war in Ukraine which have been fueling a sense of unpredictability in the industry. However, according to the Institute for Analysis and Evaluation in..
Nearly 90% of the wheat, sunflower and corn sown in Bulgaria are imported hybrid varieties, although these are the three most important crops for Bulgaria’s agriculture. Wheat is the most widely grown crop in Bulgaria covering between 1 and 1.2..
The World Bank predicts that global consumption will contract due to the crisis stemming from the war in Ukraine. In this situation, the Bulgarian society is expecting adequate policies aimed at protecting people from becoming poor...
It was only 45 days ago when leading analysts of the world commodity exchanges expected sunflower oil exports from the countries of the Black sea region to increase by more than 2 million tons to 13.5 million tons. But now the question is how..
Bulgaria’s inflation accelerated to a 9% annual rate in Januar y 2022, compared to 7% in December 2021. According to the National Statistical Institute, this is the fastest year-on-year rise since November 2008. Inflation is..
“Bulgarian stockbreeding is dying unless we take urgent steps to save it,” representatives of the farming sector state in a declaration sent to politicians in Bulgaria. They say that the budget for the livestock sector must be doubled...
Do people in Gabrovo, notorious for their thriftiness, know a recipe of survival in these times when all prices have been soaring? There is one person who does, and he has some pretty concrete achievements. His name is Petar Totsev, a..
The state budget for 2022, which is expected to become effective as of April, envisages the allocation of 6.4 billion Leva – (approximately EUR 3.27 billion) for policies in the sphere of education and culture. Of this sum, Bulgaria’s oldest..
