Bulgaria Excited Despite Poor Grape Harvest

Bulgaria's grape harvest in 2012 will be 30% lower than initially expected, Bulgarian Agriculture Minister Miroslav Naydenov has confirmed.

Naydenov has added that the poor grape crop will push prices up. However, he has pointed out that this year's grape crop will be of excellent quality.

This will lead to a higher quality of the wine produced and increased exports, he told local media.

Bulgaria's wine exports have increased by 16% over the past few years, Naydenov noted. The country's domestic consumption of wine has grown by 13%, which means that Bulgarians now prefer it to hard liquor.

The Agriculture Minister declared that Bulgaria will not introduce minimum prices of wine.

The gloomy forecast for this year's grape crop in Bulgaria comes after a summer of droughts that damaged a large part of the crop.

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