On March 14, the Bulgarian National Bank (BNB) is holding the first auction in 2022 for the sale of government bonds with a maturity of 3.5 years. The state loan totals EUR 250 million.
In November 2021, BNB held an auction for the sale of government bonds with a maturity of 3.5 years and an annual interest rate of 0.13%. According to the 2022 state budget, Bulgaria can issue government bonds to the tune of EUR 3.6 billion. Bulgaria will use the money from the new loan to pay off old debts and make investments in infrastructure projects.
“The divergence between the monetary and the fiscal policy pursued by the government continues to be the main reason why Bulgaria does not meet all criteria yet for entering the Eurozone,” Lyubomir Karimansky, member of the Governing Council of the..
Germany remains Bulgaria's strongest economic partner. Trade between the two countries for 2024 amounts to EUR 12 billion, said Tim Kurth, President of the German-Bulgarian Chamber of Industry and Commerce. At a ceremony held at the University of..
Bulgaria can meet the convergence criterion for price stability, needed for entering the Eurozone, in January 2025 and continue to meet it throughout the rest of the year, the Bulgarian National Bank (BNB) states in its macroeconomic outlook,..
Bulgaria’s Minister of Finance Temenuzhka Petkova said that the turnover of large retail chains in Bulgaria decreased by 28.8% on the day of the boycott..
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