Bulgaria allocates 150 million euros for subsidies to farmers affected by imports from Ukraine

The interim government of Bulgaria has allocated 150 million euros for financial assistance to Bulgarian farmers, which should compensate for the negative effects of imports of Ukrainian agricultural products, EURACTIV reports.

“Financial assistance will be provided to livestock farmers, beekeepers, as well as producers of fruits and vegetables, rose oil, grapes and tobacco, as well as farmers who grow cereals and oilseeds,” the Bulgarian government said in a statement.

The aid is to be paid by May 15, which coincides with the start of the national election campaign.

According to unofficial information obtained by EURACTIV, the Bulgarian government’s decision is intended to reassure Bulgarian farmers who have suffered from low food prices on the domestic market caused by food supplies from Ukraine.

Tags: subsidies, prices, agricultural products, restrictions, Bulgaria