Deputy Minister of Energy Iva Petrova forecasts that high energy prices would dominate the market at least until 2023. During the Sofia Economic Forum, she said that the government's efforts after the suspension of gas deliveries from Russia were aimed at providing and guaranteeing alternative sources. At the same time, support continues to be provided for the completion of important infrastructure projects, including the Bulgaria-Greece gas link, the liquefied gas terminal in Alexandroupolis, and the Chiren gas storage expansion project, the deputy minister added.
In May, the economic situation in the country improved for a second month in a row. There was an improvement in retail trade, construction and services, but there was a decline marked in industry. In construction, industry and services, no price..
The Bulgarian National Bank held an auction for the sale of securities with 3-year maturity at a 3% interest rate. At the auction, the Ministry of Finance offered bonds worth EUR 150 million. Interest will be paid once in 6 months, with the loan..
The Bulgarian National Bank published a review of measures aimed to address the risks to the banking system, including those stemming from loans secured by residential real estate. ''Such concerns are well-founded given the situation in the real..
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