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.
Read also
Palm oil prices rise 3.5% amid stronger soybean oil market and growing stocks
World’s largest cocoa producer forecasts 21–25% decline in harvest
Argentina increases wheat exports as Brazil faces a smaller harvest
China raises soybean import estimate to 111.6 mln tons but expects lower purchases...
Ust-Luga overnight incident: Could Baltic grain exports face delays?
Write to us
Our manager will contact you soon