Weather In Bulgaria On March 29: Sunny Skies and Rising Temperatures Across The Country
Bulgaria is set to experience favorable weather conditions on March 29, with mostly sunny skies forecasted across the country
HOT: » Assessing the Legacy of Bulgaria's "Denkov" Cabinet: Achievements, Failures, and What Comes Next
A significant part of this year's Bulgarian wheat is expected to be exported through Romania.
The reason is that Romania won a wheat supply auction in Egypt and Bulgaria couldn't participate in it.
Wheat from the Bulgarian Dobrudzha region can easily be bought by Romanian traders, loaded onto ships at Romania's Constanta dockyard and shipped to Egypt, people from the industry say, cited by Standart News.
They remind this isn't the first year where Bulgaria's wheat will be exported as Romanian.
Last year saw a similar situation, as the Bulgarian wheat was much cheaper than the one in the Black Sea region.
Traders used this opportunity to buy big quantities of this cheap and high quality wheat to later export it via Romania and sell it for much higher prices, wheat growers in Bulgaria explain.
This year the government tried everything possible to stop the problem from reoccurring and to allow Bulgarian producers and traders to directly sell to Egypt for a better profit.
"We have to say with regret that despite the big efforts of the Chief Directorate Grain and Grain Products and the Bulgarian Embassy in Egypt we couldn't register the Bulgarian wheat in Egypt and Bulgaria's participation in the auctions, organized by Egypt's state buyer GASC, Directorate CEO Dr. Zlati Zlatev admitted.
Producers are also concerned with the quality of the wheat.
According to Stoyan Stoyanov from The National Grain Producer Association (NGPA) the wheat will have to be dried, which further raises the cost of production.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
In order to protect the economic interests of consumers, there will be a period of double labeling of the prices of goods and services - in leva and in euros
As Bulgaria inches closer to joining the Eurozone, concerns arise over the implementation of rounded prices in euros, potentially impacting citizens' wallets upon adoption of the single currency
On a briefing held at the National Press Club of BTA, Nikola Ilchev, the creator and organizer of the Balkan eCommerce Summit, showed projections indicating a significant rise in Bulgaria's e-commerce sector
Svetoslav Stanulov, chairman of the Association of Bulgarian Airlines (ABA), has emphasized the need to assess Sofia Airport's potential as a hub for transit and transfer flights
Pegasus Airlines is set to recommence its scheduled flights between Sofia and Istanbul, marking a significant milestone in air travel connectivity between Bulgaria and Turkey
Bulgaria has witnessed a remarkable surge in home loans at the beginning of the year, with loans for households for the purchase of houses and apartments reaching a record high of BGN 20.52 billion by the end of February
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022