Inflation Rises Slightly in Bulgaria, Falls Across the Eurozone
Inflation in Bulgaria recorded a slight uptick in May 2025
In a sign of the changing climate's impact on agriculture, Bulgarian farmers are gearing up for an early start to the wheat and barley harvest this year as soaring temperatures hasten crop ripening.
Reported by Bulgarian national television, the unseasonably warm weather has pushed forward the harvesting timeline by a month, catching farmers in southern Bulgaria off guard. However, despite the earlier start, concerns loom over reduced yields and the financial strain it may bring.
The prolonged drought coupled with record-high temperatures in March and April has spurred rapid growth in wheat and barley crops. Yet, this accelerated growth comes at a cost, with the scorching heat taking a toll on crop health and productivity.
Professor Dr. Ivan Yanchev from the Agrarian University in Plovdiv elucidated on the phenomenon, attributing the expedited ripening to "temperature stress" induced by dehydration of the green mass, which hampers photosynthesis and slows down vital life processes within the plants.
For grain producer Angel Vukodinov in the town of Saedinenie, the effects of climate change are palpable, with dwindling yields posing a significant challenge to his production. Anticipating substantial losses, Vukodinov laments the grim prospect of harvesting no more than 50% of the usual yield, citing geopolitical factors and climatic uncertainties as compounding challenges.
With each acre projected to yield at least 150 kilograms less than average, grain producers are bracing for diminished returns and grappling with the implications of reduced quality amidst warm and dry weather conditions.
While there may be instances of enhanced quality amid lower yields, Vukodinov warns of the financial strain faced by farmers, potentially resulting in price hikes for end consumers.
Until July 14, Bulgaria’s Ministry of Agriculture is accepting proposals from farmers, processors, and traders on a new draft law aimed at regulating the supply chain
The Dutch gambling sector finds itself at a crossroads.
Bulgaria’s Ministry of Labor and Social Policy released its National Employment Action Plan (NAP) for 2025 in early May,
In the span of just three years, Bulgaria's grain producers have seen their access to European markets completely disappear
The CEO of the Sofia Commodity Exchange, Vasil Simov, dismissed speculation about any dramatic price hikes on the market
The Bulgarian online casino market has come a long way, from sudden boom, through regulation jolts, to a more recent balanced phase.
Borderless Bulgaria: How Schengen Benefits Are Transforming Trade and Logistics
Bulgaria's Mortality Rate Remains Highest in Europe