Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

At the backdrop of rising inflation, the state takes new loan

Photo: library

In October 2021, the annual inflation in Bulgaria reached 6%, while the monthly inflation reached 1.8 percent in comparison to September, according to the National Statistical Institute. In August the annual inflation was 3.7%.

At the same time, on the day after the election, the caretaker government offered to sell another 250m euros in new domestic debt in the form of government securities. For the first time this year, the Ministry of Finance is offering securities with a maturity of 3.5 years, after it became clear in recent months that 5 and 10.5-year securities were becoming more expensive. The new debt since the beginning of the year has reached 1.4 billion euros with a limit of 2.25 billion euros set in the state budget.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Preliminary NSI data put GDP growth at 1.8 per cent in 2023

Bulgaria's gross domestic product grew by 1.8 per cent to BGN 183.7 billion (EUR 93.9 billion) last year, according to preliminary data released by the National Statistical Institute. One person accounts for BGN 28 516 (EUR 14 580) of the total...

published on 3/8/24 1:30 PM

Sofia has the highest average wage in the country - 1,500 euro

The average salary in Bulgaria in the fourth quarter of last year was BGN 2,123 (EUR 1,085), an increase of 13% compared to the same period last year, according to the Ministry of Labour and Social Policy. The average wage is highest in Sofia - BGN..

published on 3/7/24 2:50 PM
Veselin Mitov

The closure of thermal power plants will make 120,000 people unemployed

120,000 people employed in coal-fired power plants are at risk of losing their jobs and are facing emigration, warn experts from the  Podkrepa  Confederation of Labour . Regarding the Green Deal, trade unionists exchanged experience with their..

published on 3/5/24 10:01 AM