Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Bulgaria’s attempt to take a debt of 102 million euros has failed

Photo: BGNES

On October 24, the Bulgarian state tried to take a new debt but failed because of unfavorable terms. Securities for over 102 million euros were issued. The investors requested a very high yield and the issue was canceled, Minister of Finance Rositsa Velkova said in parliament.

She added that if the forecasts of a deficit of 6.6% next year came true, this would move the country away from being accepted into the Eurozone. According to her, this complicates the assumption of debt and the provision of liquidity in the state.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

One more group of Bulgarian citizens return from Lebanon

The first group of Bulgarian citizens evacuated from Lebanon with the help of Canada came home last night, the Bulgarian Foreign Ministry has announced. This took place in close coordination between the Foreign Ministry’s Situation Centre, the..

published on 10/5/24 9:25 AM

Warning of hazardous precipitation across Bulgaria

On Saturday, the lowest temperatures will be between 14 and 19°C; in Sofia - about 16°C. In the western regions, the highest temperature will be 19-20°C, while in the eastern regions of the country the temperature will reach up to..

published on 10/4/24 6:55 PM

EU's court lifts requirement for trucks to return to operational centre every two months

The Court of Justice of the EU has overturned part of European legislation requiring trucks for international transport to return every two months to the carrier's base. With its decision, the institution confirmed all other..

published on 10/4/24 4:31 PM