ECB Sets Timeline for Digital Euro, Eyes 2029 Launch
The European Central Bank (ECB) has confirmed that the introduction of a digital euro will proceed only once the necessary legislative framework is established by European institutions
@Pixabay
Guarantees are required to address the issue of unfair imports of Ukrainian eggs within the framework of the EU's free trade agreement. This statement was made by Zsolt Feldman, Hungary's State Minister of Agriculture and Rural Development, in response to Bulgaria's request to halt egg imports from Ukraine until the single market is regulated. The request was presented by Bulgarian Minister of Agriculture and Food Georgi Takhov during the Agriculture Council meeting in Brussels.
Feldman emphasized the EU's responsibility to protect its producers and stressed the importance of considering their interests in decision-making processes. He noted that Bulgaria has experienced a significant increase in egg imports from Ukraine, with over 2.6 million tons entering the country in the first half of the year—five times more than the same period in 2023. This surge has led to the bankruptcy of several poultry farms.
In his remarks, Feldman acknowledged that other member states have raised concerns about unfair competition in recent months and years. He also mentioned the existing autonomous trade measures (ATM), which remain in effect until 2025 and can be implemented for certain products.
Additionally, Feldman highlighted a Franco-German proposal to increase the de minimis aid to 50,000 euros, which has garnered support from 16 member countries. He pointed out that this signifies a majority within the Council, and the European Commission must take this into consideration. As the middle of September approaches, he urged for prompt action regarding this matter.
The de minimis rule allows for small amounts of state aid to be exempt from notification obligations, with a maximum limit of 300,000 euros over three years for a single enterprise.
Bulgaria’s economy continued to show steady momentum throughout 2025, placing the country among the fastest-growing economies in the European Union, according to data presented by the Ministry of Economy and Industry
In 2025, Bulgarian wineries produced a total of 66 million litres of wine, according to Krasimir Koev, Executive Director of the Executive Agency on Vine and Wine.
Bulgaria’s parliament has approved an agreement with North Macedonia to build and operate a cross-border railway tunnel connecting the two countries.
Bulgaria’s export sector continued to face challenges in 2025, marking the third consecutive year of decline
Defense modernization programs around the world are increasingly shaped by one central requirement: adaptability.
In December 2025, Bulgaria’s industrial sector showed modest growth following two consecutive months of decline, yet on an annual basis, production fell for the 13th month in a row.
Novinite 2025 in Review: A Year That Tested Bulgaria and the World
A Disgraceful Betrayal: Bulgaria's Shameful Entry into Trump's Board of Peace