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.
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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