The Bulgarian National Bank is planning to hold an auction for the sale of five-year government bonds amounting to EUR 250 million. The auction is expected to be held on November 8. Since the beginning of 2021, Bulgaria has sold government bonds to the tune of EUR 1.15 billion.
The debt ceiling set in the 2021 state budget is EUR 2.25 billion. On October 26, the Bulgarian National Bank sold ten-year treasury bonds to the tune of EUR 250 million. Bulgaria’s caretaker Minister of Finance Valeri Belchev has instructed all state institutions to propose measures aimed at reducing costs in their 2022 budgets. The 2022 state budget will be adopted by the future 47th National Assembly.
The residential real estate market in Sofia in the second quarter of 2024 remains stable and active. Despite forecasts for a possible lull, the trends show a rise in prices and a significant increase in demand. This is shown by an analysis of one..
Sofia is the best city in Europe to retire to, according to a survey by the business solutions company Moneypenny, Forbes writes. The survey takes into account factors such as average cost of living, retirement savings needed, and a variety of..
The Bulgarian National Bank has lowered the base interest rate for the second consecutive month. As of August 1, it stands at 3.53%, down from 3.63% in July. Since the end of 2023, the base interest rate has been gradually falling. From February..
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