100 million euros worth of internal debt in government bonds is being offered to investors. This is the first debt issuance since the spring of 2021, and in the term of office of caretaker Minister of Finance Assen Vassilev. The bonds are with a zero interest rate, but they are being purchased by investors - mostly by banks and funds because they are a reliable instrument which is better than the negative interest rates of financial institutions.
In 2021 Bulgaria issued 400 million euro’s worth of debt on the domestic market. The debt maximum in the state budget for the year is 2.3 billion euro, but experts say that it is hardly likely that this threshold will be reached by the end of the year.
According to data from the National Statistical Institute, Bulgaria experienced a monthly inflation rate of -0.2% in May 2024 . Year-on-year inflation from May 2024 compared to December 2023 stands at 0.4%, while the average annual inflation rate for the..
The demographic crisis in this country is advancing at a rapid rate, holding back the development of businesses, but this is a tendency observed in other countries as well. Because of their good qualifications, Bulgarian workers find work in many..
The World Bank predicts a more moderate improvement in Bulgaria's economic growth in 2024 and 2025. In its latest report "Global Economic Prospects" the institution expects a slight acceleration in Bulgaria's GDP growth from 1.8% in 2023 to 2.1% in..
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