Wine Prices in Bulgaria Set to Soar Amid Poor Grape Harvest
Producers in Bulgaria’s Yambol region are anticipating a sharp rise in the price of wine from this year’s harvest
Agriculture Minister Miroslav Naydenov has said that a poor harvest of maize and sunflower will practically affect all grain producers in the country. Photo by BGNES
Livestock breeders and representatives of the meat and dairy processing industries and large retail chains in Bulgaria will meet Wednesday with Prime Minister Boyko Borisov to discuss the problems faced by the sector.
Meat and dairy processors expect an increase in feed prices to push up prices of meat and dairy products.
"Unlike the good wheat harvest, producers expect poor results with maize and sunflower," Agriculture Minister Miroslav Naydenov explained before the meeting.
He added that the feed harvest was expected to be poor all over the world and if no rains came, prices of feeds would spike dramatically.
Naydenov specified that this would automatically result in higher prices of meat and dairy products.
Bulgaria's Agriculture Minister made clear that a poor harvest of maize and sunflower would erase the profits brought by sales of wheat because there were no grain producers specialized in wheat only.
He informed that the situation would be discussed once again when the harvest season for maize and sunflower was wrapped up.
Greek tax authorities have launched inspections into the operations of thousands of Greek-registered companies operating in Bulgaria
There’s something going on in Bulgaria that few outside the industry have fully clocked.
Vladislav Panev, from the “Acceleration” Club and a former MP with the “Green Movement,” described the appointment of Rumen Spetsov as a special manager of Lukoil Bulgaria as surprising
Bulgaria’s Energy Minister Zhecho Stankov has confirmed that the United States has not imposed any additional conditions for the temporary exemption from sanctions targeting Lukoil
The European Commission has revised its outlook for the Bulgarian economy, projecting a slowdown in growth over the next few years
Wizz Air has inaugurated direct flights from Plovdiv and Varna to Bratislava, expanding its Bulgarian network and enhancing connectivity with Central Europe
Bulgaria's Strategic Role in the EU's Drone Wall Defense Initiative
When Politics Means Violence