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.
Bulgaria will receive €65.2 million from the EU for a project to reinforce the electricity grid to better support the integration of renewable energy, the European Commission said in a statement. The money is part of a total of nearly €3 billion..
Bulgaria ranks 58th out of 67 countries in the World Competitiveness Yearbook of the Institute for Management Development (IMD), Switzerland. The country has shown a lack of progress since 2021 and dropped 10 positions compared to 2020 and 20..
According to data from the National Statistical Institute, Bulgaria experienced a monthly inflation rate of -0.2% in May 2024 . Year-on-year inflation from May 2024 compared to December 2023 stands at 0.4%, while the average annual inflation rate for the..
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