Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Bulgaria’s attempt to take a debt of 102 million euros has failed

Photo: BGNES

On October 24, the Bulgarian state tried to take a new debt but failed because of unfavorable terms. Securities for over 102 million euros were issued. The investors requested a very high yield and the issue was canceled, Minister of Finance Rositsa Velkova said in parliament.

She added that if the forecasts of a deficit of 6.6% next year came true, this would move the country away from being accepted into the Eurozone. According to her, this complicates the assumption of debt and the provision of liquidity in the state.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Sunny but chilly Sunday

Overnight it will be mostly clear. Winds will weaken and die down in many areas. In the morning it will be cold, with minimum temperatures between minus 7 and minus 2°C, reaching minus 10°C in the valleys and around minus 9°C in Sofia. Tomorrow will be..

published on 11/23/24 7:05 PM

Unit 6 of Kozloduy NPP connected to the national grid after annual maintenance

The planned annual maintenance of Unit 6 of Bulgaria's only NPP, Kozloduy, has been completed. The unit was connected to the national grid at 10:07 following an inspection by the Nuclear Regulatory Agency. In addition to the repairs made to improve..

published on 11/23/24 2:09 PM
Interim minister of the Interior Atanas Ilkov

Bulgaria's full Schengen membership will not open the floodgates to the EU, says Interior Minister

A quadripartite meeting of the interior ministers of Bulgaria, Hungary, Austria and Romania in Budapest on 22 November made it clear that Austria would lift its veto and that Bulgaria and Romania would probably become full members of Schengen from the..

published on 11/23/24 11:58 AM