Economy 2020 was a good yet difficult year for Bulgarian wine makers published on 12/29/20 8:59 AM
Photo: BGNES
The past 2020, marked by the Covid-19 pandemic, was a good yet difficult year for Bulgarian vine growers and wine makers. It was also quite dry, which created conditions for a good grape harvest. This was summarized for BTA by Prof. Ivan Pachev - director of the only Institute of Viticulture and Enology in Bulgaria.
In the different regions of Bulgaria the yields of wine grape varieties varied from 600 kg to 900 kg per decare, and for dessert grape varieties - between a tonne and a tonne and a half per decare.
Tuesday the Council of Ministers passed a decision moving to
Parliament for ratification a loan agreement between the EU as
lender and Bulgaria as borrower under the EU s SURE instrument,
the government s information service said.
SURE is a European instrument for temporary support to mitigate
unemployment risks in an emergency following the Covid-19
outbreak.
million euros, with a maximum maturity term of 15 years. The
term for utilizing the funds is 18 months, starting as of
September 30, 2020.
expected to be supported with the money from SURE, to keep
140,000 jobs, said Finance Minister Kiril Ananiev.
Prime Minister Boyko Borissov is quoted as saying that the
pexels.com
At an extraordinary meeting, the Council of Ministers decided to propose to the National Assembly to ratify by law the Loan Agreement between the European Union as a lender and the Republic of
Bulgaria as a borrower under the
SURE instrument, the government press office said.
The maximum amount of funds that the European Union can allocate to
Bulgaria under the
SURE instrument is EUR 511 000 000, with a 15-year maximum average maturity. The period of availability of the financial assistance granted shall be 18 months counted from 30 September 2020.
We forward our decision to the National Assembly as soon as possible so that our country can start implementing the SURE tool in a short time. Thus, we will complement our national efforts to overcome the pandemic and its socio-economic consequences for workers and the self-employed, Prime Minister Boyko Borissov said at the meeting.