A new EUR 250 million government debt was assumed on 21 March, at average annual yields of 1.33%, the Bulgarian Ministry of Finance has announced.
Securities maturing on 24 May, 2029 were sold at the auction. Bonds with the same 7.5-year maturity were sold on 22 November 2021, at an interest of 0.49%. Now, investors want a 2.7 times higher performance to finance the government. The loan was taken out because of an urgent need of cash for paying an old Eurobond issue worth EUR 1.25 billion on 26 March. Raising the money needed literally several days earlier places investors in a better position to demand a higher return on their money.
Inflation for 2024 is 2.2% compared to the previous year, the National Statistical Institute reports. In December, this indicator was 0.4%. Annual average inflation for the period January 2024 - December 2024 compared to the period January 2023 -..
Without compensation for the price of electricity, companies will be uncompetitive, said Vasil Velev of the Bulgarian Industrial Capital Association (BICA) at a press conference held jointly with trade unions. Those who cannot pass on the increase in..
Bulgarian exports are expected to grow by 5.8% annually after Bulgaria joins the eurozone. Trade in goods could increase by 3.3%, and in the services sector, growth might reach 8.4%. This is predicted by an analysis by the trade credit insurance..
The budget for 2025 is feasible and will likely be the last one in Bulgarian leva, Minister of Finance Temenuzhka Petkova said in an interview with bTV...
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