Bulgaria has sold €2.3 billion in bonds on the foreign markets with repayment terms of 7.5 and 12.5 years, Minister of Finance Assen Vasilev has reported. "The emission was extremely successful. There was nearly 3 times more supply than we expected to find on the market. It is much cheaper than Hungary and Romania where the interest rate reaches 3.3%. The debt is planned in the budget and it will be used mainly for refinancing," Vassilev added. According to the state budget act, the country can take on a new debt of 3.8 billion euros for 2023. In January, the country raised 1.5 billion euros from foreign markets.
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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