Over 1.6 Billion Leva to Support Young Farmers and Rural Development in Bulgaria
The Bulgarian Ministry of Agriculture is set to allocate over 1.6 billion leva to support young and new farmers as well as to invest in rural infrastructure
Bulgarian caretaker Minister of Agriculture Vasil Grudev and the Ambassador of the Netherlands HE Tom van Oorschot have signed a joint declaration for cooperation in the area of agriculture.
The agreement’s main priorities are the development of the greenhouse sector and the establishment of organizations of producers, Bulgarian National Radio notes.
Minister Grudev stressed that both priorities are of extreme importance to Bulgarian agricultural producers, currently seeing significant losses due to the Russian embargo.
The declaration foresees cooperation in the livestock sector, agricultural sciences and education, as well.
In 2024, labor inspectors in Bulgaria carried out a total of 6,682 inspections in the construction sector, representing 13% of the overall 49,858 inspections conducted across all industries
According to a study presented to MPs by Prof. Emilia Chengelova, from the Institute of Philosophy and Sociology at the Bulgarian Academy of Sciences, the shadow (grey/informal) economy in Bulgaria remains high at 33%
A recent survey by digital payments company Visa reveals that most Bulgarians planning a winter vacation prefer to pay digitally at ski resorts
the last quarter of 2024, the proportion of properties purchased with mortgage loans in Bulgaria grew to 27%, or roughly every third property
Bulgaria's labor market remained stagnant throughout 2024
Retail sales across the European Union showed a decline in December, with both the eurozone and the EU reporting decreases
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