On October 11, The Bulgarian National Bank will hold an auction for the sale of five-year treasury bonds to the tune of more than EUR 250 million. The bonds carry a fixed annual coupon of 0%.
In 2021, Bulgaria has so far sold EUR 500 million worth of government bonds. The debt ceiling set in the 2021 state budget is EUR 2.3 billion. The government needs to borrow capital to cover the expected budget deficit. The main buyers of bonds are banks and pension funds.
Bulgaria’s industry is being transformed in the direction of high added value productions, reads an analysis by the Institute for Market Economics. This tendency is best manifested in computer science, electronics and optics which account for the..
Acceleration of inflation to 1.1% in October compared to the previous month was registered by the National Statistical Institute. On an annual basis, the index is 1.8 percent. In October, the prices of goods and services for..
A working group comprising representatives of employers, trade unions and government experts is discussing the proposals of the Ministry of Labor and Social Policy for introducing a new mechanism to determine the minimum wage. This is happening a day..
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