The Bulgarian National Bank is holding an auction for the sale of ten-year treasury bonds to the tune of EUR 250 million. The bonds are expected to carry an annual coupon of 0%.
Since the beginning of 2021, Bulgaria has sold government bonds amounting to EUR 900 million. The debt ceiling set in the 2021 state budget is EUR 2.25 billion. The debt ceiling remained unchanged after the amendment of this year's state budget. This country’s caretaker government is borrowing capital to cover the expected budget deficit.
Moody's expects Bulgaria to join the Eurozone no later than the beginning of 2026. According to the rating agency, the growth of the Bulgarian economy in 2024 will be 2.9%. The ongoing domestic political crisis and the likelihood of new early elections..
Until the end of 2024, businesses will continue to receive compensations for high electricity prices. They will be 100% after a price of over 90 euros per megawatt hour on the stock exchange. The previous threshold was 100 euros. The..
Deposits in banks for the first quarter of 2024 have reached a record level of 75.4 billion euros. From January to March, deposits grew by EUR 1.35 billion or by 1.8%. The rise is mainly due to increased household deposits, the..
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