Bulgarian National Bank

Bulgarian National Bank to hold first bond auction for 2021

The Bulgarian National Bank and Bulgaria's Ministry of Finance will hold the first auction of the year for the sale of bonds today. Interest-bearing treasury bonds have a maturity of 10 and a half years and are open-ended with a fixed interest rate...

published on 2/15/21 6:15 AM

Long-term contracts with US thermal power plants “Maritsa Iztok-1” and Maritsa-Iztok-3” to be terminated

The termination of the long-term contracts with the thermal power stations “Maritsa Iztok-1” and "Maritsa-Iztok-3” (owned by the US companies АES and ContourGlobal respectively) is to take place by 30 June, 2021, as  set down in the..

published on 2/11/21 11:54 AM

Supercomputer set to be made operational in Sofia by June

“Sofia Tech Park is working with a leading European quantum computer and programming research and development centre. We are hoping that by June it will be among the world’s 500 top high-performance computers,” Petar Statev, chairman of the Sofia..

published on 2/9/21 4:00 PM

Local authorities hold key to successful transition of coal mining areas

Having an economy with zero greenhouse gas emissions by 2050 - this is provided by the European Climate Pact of the EC, related to the desire to stop climate change. The new policy will affect the sectors of the economy that pollute the..

published on 2/9/21 1:35 PM

Bulgaria is a gateway to Europe for Turkey’s business

Trade between Turkey and Bulgaria amounts to USD 4.5 billion per year. Turkey’s exports to Bulgaria is to the tune of nearly USD 2.4 billion per year, whereas Bulgaria’s exports to Turkey amounts to USD 2.1 billion. In 2021, we are planning to increase..

published on 2/8/21 1:52 PM

Campaign in support of Bulgarian production starts

Business organizations and the Bulgarian Small and Medium Enterprises Promotion Agency are launching a campaign in support of Bulgarian production under the title "Your C hoice M atters" . The goal is to support the growth of..

published on 2/5/21 9:58 AM

Demographic and transport solutions can revive Northern Bulgaria

The lack of transport connectivity and the ageing population are slowing down Northern Bulgaria’s economic growth, reads the latest analysis of the Institute for Market Economics (IME) named “The Regional Economies of Northern Bulgaria:..

published on 2/3/21 4:27 PM

Wine making in Bulgaria, the occupation that goes back thousands of years

In Bulgarian tradition February is the month of vine-growers and wine-makers. With the start of the month of February the pruning of the vines begins. Once the ritual pruning of the first vine twig was done on 14 February, the day of St...

published on 2/2/21 3:35 PM

OECD: The pandemic has interrupted an impressive progress of Bulgarian economy

The Covid-19 outbreak abruptly stopped several years of robust economic growth in Bulgaria, reads the second economic survey of Bulgaria of the Organization for Economic Cooperation and Development (OECD), BNR reported.  The survey was presented today..

published on 1/29/21 1:55 PM

OECD to present its economic survey of Bulgaria

On January 29, Bulgaria's Prime Minister Boyko Borissov will take part in the official presentation of the Economic Review for Bulgaria, prepared by the Organization for Economic Co-operation and Development - OECD. At the online event, OECD..

published on 1/29/21 6:10 AM