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.
A forum entitled "Career and Life - Why in Bulgaria?", organized by the Bulgaria Wants You platform, was held at the Royal Geographical Society in London on October 20. The event, which took place for the second time, attracted significant..
International rating agency Fitch Ratings has affirmed Bulgaria's long-term foreign and local currency credit rating at BBB with a positive outlook, the Finance Ministry said. The positive outlook reflects the country's prospects for eurozone..
In 2023, Bulgaria's GDP growth was 1.9% higher in real terms compared to 2022. This is 0.1 percent more than the initially announced growth of 1.8%, the National Statistical Institute has reported. The chairman of the institute,..
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