320 wineries in Bulgaria are seeking subsidies from the state

Published 2021년 8월 8일

Tridge summary

The Bulgarian vine growers' association is seeking state support due to low purchase prices leading to financial losses. The cost of growing crops and producing grapes has risen significantly, while European program funding for new agricultural machinery is insufficient. The association is developing a strategy for Bulgarian viticulture and seeks national co-financing and an end to gray practices in the sector. There are 320 functioning wineries in the country, with about 300,000 decares of economic significance. However, exports are declining due to low prices and strong competition from other wine-producing countries.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

They asked for support from the state from the newly established association of vine growers. Its members warn that the native viticulture is in serious condition due to low purchase prices. This year, for the first time, the vine growers gathered at a national fair with a rich cultural program. Instead of protesting, we celebrate together, said the chairman of the association Petar Boshnakov. Grape growers face difficulties in wine production and lack of opportunity to buy new agricultural machinery under European programs. "It is only supported by a European program, the money comes from the EU, but it is extremely insufficient and it is more for investment than for current production. At the same time, the costs of growing crops and producing grapes have jumped dramatically in recent years, while we have almost doubled the purchase price of grapes. We are really working at a loss, "Boshnakov told BNR. "We are working to build a strategy for Bulgarian viticulture, direct ...
Source: Monitor

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