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.
Caretaker Deputy Prime Minister and Finance Minister Lyudmila Petkova, Vice President of the European Commission Valdis Dombrovskis and European Commissioner for Economy Paolo Gentiloni signed, in Luxemburg, a partnership agreement between the..
The country's GDP stands at 64% of the European average. Unlike Romania, we have not yet crossed the 70% threshold. What distinguishes Bulgaria from other countries in the region is that they have higher levels of investment, better rule of law, and..
Bulgaria is among the largest producers of lavender oil in the world. Nearly 100% of it is export-oriented. The highest demand is in the USA, Germany, France, Austria, The Netherlands, India, Great Britain, Spain, Canada, Marocco,..
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