Simeon Dyankov, a former finance minister, has said that the Bulgarian economy is performing reasonably well, although discussions regarding the macro framework for 2025 are currently stalled due to the absence of a functioning parliament and government. He noted that finance minister Ludmila Petkova had called on politicians to outline necessary budget measures and determine…
Bulgaria has emerged as a frontrunner in the EU regarding agricultural support for the small ruminant sector. This acknowledgment came from the National Sheep and Goat Breeding Association, the members of which attended a significant European livestock exhibition in France earlier this month. Co-chairman of the association Simeon Karakolev expressed surprise at the level of…
In the Poltava region, a total of 515 agricultural producers have obtained UAH 69.2 million in government assistance for about 17.3 thousand hectares of cultivated land. The relevant statement was made by the press service of Poltava Regional Military Administration. “Currently, a total of 5,637 agricultural producers from the Poltava region have been registered with…
Inflation in Bulgaria experienced a significant slowdown in September, dropping to 1.2% from 2.1% in August, marking the lowest rate since March 2021, according to the National Statistical Institute (NSI). Compared to August, a deflation of 1% was recorded, following a slight rise of 0.1% in the consumer price index during the previous month. The…
In February 2025, each Ukrainian region will receive its own development roadmap, Oleksii Riabykin, Deputy Minister for Community and Territorial Development of Ukraine, has announced during a speech at the “Made in Ukraine” business forum. “In February 2025, all the regions in Ukraine will receive strategic documents that will define their development trajectory. These documents…
Bulgaria’s National Statistical Institute has reported weak monthly growth in industrial production, ending a streak of 20 consecutive months of annual decline. Data from August reveal a modest increase of 0.8% compared to July, following a growth of 0.6% in July over June, and no change in June. The annual decline rates are also easing,…
Property prices in Bulgaria continue to experience significant growth, with data from the National Statistical Institute revealing a 15.1% increase over the past 12 months leading up to June. In the second quarter of the year, prices rose by 3.4%. This impressive rise positions Bulgaria among nine EU countries that have seen property prices increase…