On November 22, the Bulgarian National Bank held an auction for the sale of government bonds with a maturity of 7.5 years and a fixed annual interest rate of 0.25%. The state loan totals 255 million euros.
In 2021, the Ministry of Finance already took a debt of 1.7 billion euros with a set limit in the state budget of 2.3 billion euros. Emissions are only on the domestic market although there are no legal restrictions on entering foreign markets. The main buyers of debt are Bulgarian banks and pension funds. Borrowing new loans is explained by the expected budget deficit at the end of the year. Following the last budget update from the previous 46th parliament, the year should end with a 2.4 billion-euro deficit in the treasury.
Bulgaria will request the suspension of egg imports from Ukraine at the upcoming Agriculture and Fisheries Council meeting in Brussels on September 23, caretaker Minister of Agriculture and Food Minister Georgi Tahov said at a meeting with farmers..
All non-household consumers will be compensated for the high cost of electricity by the end of the year, the government has decided. The European Commission has given the green light for the subsidy, the energy minister said. According to..
The Romanian National Company for Road Infrastructure Administration (CNAIR) has announced a tender for a feasibility study for the construction of a new bridge over the Danube River between Giurgiu in Romania and Ruse in Bulgaria, reports..
Bulgaria has today received its first delivery of natural gas from the new Alexandroupolis terminal in Greece. The facility has been in commercial..
On October 4, 1974, the construction of the Hemus Motorway from Sofia to Varna started. Back then, the chairman of the State Council and..
2024 is the best year since tourism statistics have been in existence – revenues, accommodation, number of tourists and tourist registrations, number of..
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