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.
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..
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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