Bulgarian farmers impacted by the import of agricultural crops from Ukraine are set to receive 200 million leva in compensation, as part of the government’s allocation from the so-called “Ukrainian aid” package. The remaining 125 million leva of the agreed funds will be discussed in a meeting at the Ministry of Finance with Deputy Prime…
Bulgarian farmers and grain producers in the Kyustendil region are expressing their dissatisfaction over the delayed payments promised under the “Ukrainian aid” scheme. Despite a recent meeting, they remain on high alert, prepared to strike if their concerns are not addressed. Producers, including those from the village of Bagrentsi and beyond, are facing significant challenges,…
Bulgaria’s Deputy Prime Minister and Finance Minister Lyudmila Petkova confirmed that the draft budget for 2025 would target a deficit of no more than 3% of the country’s GDP. This assurance was made during a meeting with European Commissioner for Economy Paolo Gentiloni ahead of the Eurogroup meeting, according to a statement from the Ministry…
Plovdiv Airport has announced the resumption of direct flights to Manchester, with the inaugural flight scheduled to depart on December 14. This development comes thanks to the support from the Development Fund, which has been instrumental in facilitating this service. The new flights will be available twice a week, offering convenient departures from Plovdiv at…
Fewer households in Bulgaria are relying on wood for heating. Although wood remains the preferred fuel source in mountainous and semi-mountainous areas, supply issues persist, particularly for elderly residents who struggle to split and store firewood. Asya Sarieva, an 88-year-old from the mountains, plans to heat her home with wood again this winter due to…
The number of young people up to the age of 25 who are heavily in debt is on the rise in Bulgaria, with the fastest-growing demographic being young individuals, even those with stable incomes. Financial mismanagement is primarily to blame, particularly among men, who tend to incur more debt than women. This alarming trend is…
Bulgaria’s Ministry of Finance is optimistic that the final requirement for joining the Eurozone will be met until December, according to the acting Deputy Prime Minister and Minister Lyudmila Petkova. This criterion pertains to inflation, and Bulgaria plans to request a new assessment within two weeks following its fulfillment. During a presentation on the financial…