Bulgaria issued the ten-year interest-bearing and thirty-year interest-bearing government bonds in the right moment. Other countries did it earlier and will have to pay higher interest rates on their government bonds. Bulgaria has to pay 0.4% interest on its ten-year interest-bearing bonds and 1.4% interest on its thirty-year interest-bearing government bonds, which is under inflation levels. It means that we are to pay a negative interest rate on a thirty-year interest bearing bonds, or in other words, confidence in Bulgaria is high, Georgi Angelov, Senior Economist at the Open Society Institute commented for Bloomberg TV.
Government bond yield is comparable to bond yield in countries with higher credit rating than Bulgaria, this country’s Minister of Finance told BNR after Bulgaria issued the new external debt.
The price of electricity for households could increase by nearly 9% starting next year, according to estimates by the Energy and Water Regulatory Commission. This means that with an average consumption of nearly 400 kilowatt-hours, the monthly bills..
The leadership of the Confederation of Independent Trade Unions in Bulgaria (CITUB) insists that a national subsistence wage be introduced in Bulgaria, with the minimum wage in the country reaching at least 80% of the subsistence wage by 2027. According..
In the period January - September 2024, exports of goods from Bulgaria to the EU decreased by 3.6% compared to a year earlier and amounted to 20.895 billion euros. The main trading partners are Germany, Romania, Italy, Greece and..
Without compensation for the price of electricity, companies will be uncompetitive, said Vasil Velev of the Bulgarian Industrial Capital Association..
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