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.
Although bilateral trade reached nearly $4 billion last year, there are still untapped opportunities to further increase Bulgarian exports to China. This was made clear at a meeting between the Minister of Economy and Industry, Mr. Petko Nikolov, and..
Housing loans in Bulgaria increased by 24.8% year-on-year, reaching BGN 22.3 billion (EUR 11.4 billion) by the end of June 2024, according to the BGNES news agency. Consumer loans also rose by 14% year-on-year compared to June 2023, reaching BGN..
Bulgaria’s real GDP growth is expected to stand at 2.1% in 2024, indicates the macroeconomic forecast of the Bulgarian National Bank (BNB) in June. Bulgaria’s real GDP growth is expected to stand at 2.1 per cent in 2024, driven by the positive..
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