On March 14, the Bulgarian National Bank (BNB) is holding the first auction in 2022 for the sale of government bonds with a maturity of 3.5 years. The state loan totals EUR 250 million.
In November 2021, BNB held an auction for the sale of government bonds with a maturity of 3.5 years and an annual interest rate of 0.13%. According to the 2022 state budget, Bulgaria can issue government bonds to the tune of EUR 3.6 billion. Bulgaria will use the money from the new loan to pay off old debts and make investments in infrastructure projects.
Bulgaria fulfils three of the Maastricht criteria for joining the euro zone, but still does not meet the price stability and inflation targets, according to a report by the European Commission, as quoted by BTA. Bulgaria does not currently meet the..
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..
+359 2 9336 661