KEYWORDS TODAY:   South KoreaUkraineDonetsk

Promising Subsidies for Bulgarian Agriculture, 2014

Business » FINANCE | January 2, 2014, Thursday // 15:15| Views: 1567 | Comments: 4
  • Send to Kindle
Bulgaria: Promising Subsidies for Bulgarian Agriculture, 2014 Photo by BGNES

Over BGN 2.5 B subsidies are expected to go into Bulgaria’s agricultural sector through European funds and the national budget in 2014.

The subsidies are set to increase competitiveness in the sector, as well as to cover outstanding payments to livestock breeders, writes Farmer.bg.

A further BGN 263.7 M is envisioned in grants through specialized state aid schemes for land owners, tobacco growers, and livestock breeders.

The mechanisms for maintaining the price stability for grains, meats, and others will remain in power.

The government will spend BGN 27.2 M for market support measures, while a further 62.4 M will come from the EU.

Finance » Be a reporter: Write and send your article
Tags: EU, subsidies, agricultural, livestock, breeders
Expats.bg All Are Welcome! Join Now!

Leave a comment


» To the forumComments (4)
#4
joppy - 2 Jan 2014 // 21:15:21

What we need is taxation on imports, not subsidies.

#3
Tania Oz - 2 Jan 2014 // 18:36:12

Lol, yeah, that's alot of cream to be skimmed off.

#2
Georgi Parvanov - 2 Jan 2014 // 18:17:48

Excellent news! Our BSP & MRF colleagues are already lining up to claim their baksheesh which will leave around 1 stotinki for the farmers!

#1
Tania Oz - 2 Jan 2014 // 15:39:29

Look after and focus on the farmers, agriculture and livestock industries and food production sector. They are the lifeblood of the Nation. Food sustainability and primary production are the utmost of importance and necessity and cannot be underestimated.

Bulgaria news Novinite.com (Sofia News Agency - www.sofianewsagency.com) is unique with being a real time news provider in English that informs its readers about the latest Bulgarian news. The editorial staff also publishes a daily online newspaper "Sofia Morning News." Novinite.com (Sofia News Agency - www.sofianewsagency.com) and Sofia Morning News publish the latest economic, political and cultural news that take place in Bulgaria. Foreign media analysis on Bulgaria and World News in Brief are also part of the web site and the online newspaper. News Bulgaria