The head of Bulgaria’s National Association of Grain Producers Iliya Prodanov has warned that this year’s severe drought and high temperatures are set to cause extremely poor yields for sunflower and corn crops. He noted that while the wheat harvest was nearing completion in Northern Bulgaria, and the quality appeared promising, spring crops were already…
Despite a slight uptick in inflation for June, Bulgaria continues to meet the eurozone’s price stability requirements, according to Eurostat data. The country’s average annual inflation, calculated through the Harmonized Index of Consumer Prices (HICP), stood at 2.8% last month. This remains within the acceptable threshold for eurozone entry, which currently allows for a rate…
On July 21, the Grant Programme for Professional Training “Own Business: A Space for Growth” launched, funded by the international humanitarian organisation CORE with support from the Ministry of Economy of Ukraine and the JSC Oschadbank. The programme aims to support the professional development of young people running their own businesses during the war. The…
In Poltava region, systematic support for residents who find themselves in difficult life circumstances continues. In July, more than 2 million UAH will be allocated from the regional budget to provide material assistance. The decision was made by the relevant commission. “Supporting residents of the region who are in difficult financial circumstances is a manifestation…
As Bulgaria stands on the verge of adopting the euro, the country faces a sharp rise in counterfeit banknotes, with the second quarter of 2025 seeing a record number of fakes circulating. The surge is especially pronounced in the 100 leva bills, where counterfeit detections jumped from just 31 in the first quarter to 661…
Bulgaria continues to hold a leading position in the European Union when it comes to the share of women working in the information technology sector. According to the most recent Eurostat data for 2024, women make up 27% of all IT specialists in the country. This places Bulgaria third in the EU ranking, following Estonia…
From January to June, the total cash expenditure of the general fund of the state budget amounted to UAH 1.9 trillion, an increase of UAH 331.5 billion, or 21.5%, compared to the same period last year. In June alone, UAH 337.4 billion was spent. Expenditure on security and defence from January to June totalled UAH…