On October 11, The Bulgarian National Bank will hold an auction for the sale of five-year treasury bonds to the tune of more than EUR 250 million. The bonds carry a fixed annual coupon of 0%.
In 2021, Bulgaria has so far sold EUR 500 million worth of government bonds. The debt ceiling set in the 2021 state budget is EUR 2.3 billion. The government needs to borrow capital to cover the expected budget deficit. The main buyers of bonds are banks and pension funds.
The direct losses for Bulgaria from the delayed full accession to the Schengen Area amount to EUR 424 million, caretaker Minister of Economy Petko Nikolov said . He quoted a report by the Economic Research Institute at the Bulgarian Academy of..
IT is one of the leading sectors in terms of salary increases and interest by job seekers in Bulgaria. Before the pandemic all kinds of experts were being hired regardless of their expertise or practical skills, but now preference is given to people..
The Bulgarian National Bank (BNB) announced that it is lowering the base interest rate to 3.63% as of July 1. In May and June, the base interest rate was 3.78%. Bulgaria is in a currency board and the Bulgarian lev is pegged to the euro. Therefore,..
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