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.
IT is one of the leading sectors in terms of salary increases and interest by job seekers in Bulgaria. Before the pandemic all kinds of experts were being hired regardless of their expertise or practical skills, but now preference is given to people..
The Bulgarian National Bank (BNB) announced that it is lowering the base interest rate to 3.63% as of July 1. In May and June, the base interest rate was 3.78%. Bulgaria is in a currency board and the Bulgarian lev is pegged to the euro. Therefore,..
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..
IT is one of the leading sectors in terms of salary increases and interest by job seekers in Bulgaria. Before the pandemic all kinds of experts were..
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