On November 22, the Bulgarian National Bank held an auction for the sale of government bonds with a maturity of 7.5 years and a fixed annual interest rate of 0.25%. The state loan totals 255 million euros.
In 2021, the Ministry of Finance already took a debt of 1.7 billion euros with a set limit in the state budget of 2.3 billion euros. Emissions are only on the domestic market although there are no legal restrictions on entering foreign markets. The main buyers of debt are Bulgarian banks and pension funds. Borrowing new loans is explained by the expected budget deficit at the end of the year. Following the last budget update from the previous 46th parliament, the year should end with a 2.4 billion-euro deficit in the treasury.
A Bulgarian-Greek Business Forum with the participation of nearly 60 companies from both countries has opened today in Sofia . The forum is organized by the Bulgarian-Greek Chamber of Commerce and Industry and the Bulgarian Chamber of Commerce and..
Bulgaria has favorable climatic conditions for producing electricity from the su n, even in the transitional seasons of spring and autumn. One of the cities with the best conditions for using photovoltaic systems is Dupnitsa. The southwestern..
In 2024, the average gross annual salary in Bulgaria is 27,881 BGN (EUR 14,255), according to preliminary data from the National Statistical Institute. Compared to 2023, this marks an increase of 13.9% , with the public sector seeing an increase of..
One of the largest cargo ships in the world docked for the first time at the Port of Varna, delivering 58,000 tons of rapeseed, BGNES reported...
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