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Financial Issues And Funding In The Bulgarian Beekeeping Sector

Author

Listed:
  • Lyubomir Lyubenov

    (‘Angel Kanchev’ University, Rousse)

  • Anelia Lyubenova

    (Български пчелен мед - ЕООД, Русе)

  • Ivailo Hristakov

    (University of Ruse "Angel Kanchev" – Ruse, Bulgaria)

Abstract

The aim of the study is to establish the amount of funding in Bulgarian beekeeping and their trends. The goal is achived through an analysis of the tendencies and the main sources of financial means. The study analyses the financial support from European and national funds (the National Beekeeping Program, the de minimis scheme, the Rural Development Program) for over BGN 18 million and from commercial banks and own sources for over BGN 3 million. Together they form financial markets for over BGN 21 million a year in Bulgarian beekeeping. The European and state financial resources intended for Bulgarian beekeeping from the country's membership in the EU are increasing in absolute terms, but are decreasing relative to the total funds. Bulgarian beekeeping has gained access to additional funding, which is not proportionate in comparison with other sectors. Additional financial support is needed per hive for the ecosystem pollination service in order to ensure biodiversity and food security in the EU. The financing of the Bulgarian beekeeping will continue to grow steadily.

Suggested Citation

  • Lyubomir Lyubenov & Anelia Lyubenova & Ivailo Hristakov, 2021. "Financial Issues And Funding In The Bulgarian Beekeeping Sector," Economic Archive, D. A. Tsenov Academy of Economics, Svishtov, Bulgaria, issue 1 Year 20, pages 45-59.
    • Handle: RePEc:dat:earchi:y:2021:i:1:p:45-59
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    File URL: http://hdl.handle.net/10610/4460
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    References listed on IDEAS

    as
    1. Aglika KANEVA, 2021. "Analysis Of The Changes In Gross Loans And Advances And Deposits In Banks In Bulgaria," Economic Archive, D. A. Tsenov Academy of Economics, Svishtov, Bulgaria, issue 1 Year 20, pages 60-78.
    2. Andrey Zahariev & Anelia Radulova & Aleksandrina Aleksandrova & Mariana Petrova, 2021. "Fiscal sustainability and fiscal risk in the EU: forecasts and challenges in terms of COVID-19," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 8(3), pages 618-632, March.
    3. Mikhail I. Zveryakov & Andrii A. Gritsenko & Viktor N. Tarasevich & Pavel A. Pokrytan & Lyudmila L. Zhdanova & Andrei V. Grimalyuk & Sergii V. Sinyakov, 2021. "On The 100th Anniversary Of The Founder Of The Odessa Scientific School Of Economic Thought A. K. Pokrytan," Economic Archive, D. A. Tsenov Academy of Economics, Svishtov, Bulgaria, issue 1 Year 20, pages 3-14.
    4. Lyubomir Lyubenov & Anelia Lyubenova, 2017. "Bulgarian Financial Agricultural Markets," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 2, pages 113-131.
    5. Lyudmil Naydenov & Dimitar Tsenov, 2021. "Covid-19 Effects On Tax Gaps," Economic Archive, D. A. Tsenov Academy of Economics, Svishtov, Bulgaria, issue 1 Year 20, pages 15-27.
    Full references (including those not matched with items on IDEAS)

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    Cited by:

    1. Ivanka B. Dimitrova & Yordanka Velcheva, 2021. "Management Accounting In Agricultural Enterprises – The Budgeting Function," Economic Archive, D. A. Tsenov Academy of Economics, Svishtov, Bulgaria, issue 1 Year 20, pages 28-44.
    2. Lyudmil Naydenov & Dimitar Tsenov, 2021. "Covid-19 Effects On Tax Gaps," Economic Archive, D. A. Tsenov Academy of Economics, Svishtov, Bulgaria, issue 1 Year 20, pages 15-27.
    3. Mikhail I. Zveryakov & Andrii A. Gritsenko & Viktor N. Tarasevich & Pavel A. Pokrytan & Lyudmila L. Zhdanova & Andrei V. Grimalyuk & Sergii V. Sinyakov, 2021. "On The 100th Anniversary Of The Founder Of The Odessa Scientific School Of Economic Thought A. K. Pokrytan," Economic Archive, D. A. Tsenov Academy of Economics, Svishtov, Bulgaria, issue 1 Year 20, pages 3-14.
    4. Aglika KANEVA, 2021. "Analysis Of The Changes In Gross Loans And Advances And Deposits In Banks In Bulgaria," Economic Archive, D. A. Tsenov Academy of Economics, Svishtov, Bulgaria, issue 1 Year 20, pages 60-78.

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    More about this item

    Keywords

    EU funds; state funds; commercial banks; own sources;
    All these keywords.

    JEL classification:

    • Q14 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Finance
    • Q18 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Policy; Food Policy; Animal Welfare Policy

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