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 principal being paid with the last payment. Commissions worth a total of EUR 182,45 million were asdmitted. 81% of the bonds were purchased by banks, 9% by insurance companies, 8% by pensions and guarantee funds and 2% by other investors. This is the third auction for 2024, with the new debt budgetary threshold being EUR 5.9 billion. The sum the treasury actually needs will be EUR 4.86 if the deficit does not exceed the EUR 2.97 billion set down.
In the first quarter of 2024, the gross domestic product (GDP) grew by 1.8% compared to the same period in 2023 . The first forecasts were for a growth of 1.7%, according to data of the National Statistical Institute. The GDP..
The perception of the level of corruption in Bulgaria remains very high, Geoff Gottlieb, Senior IMF Regional Representative for Central, Eastern and Southeastern Europe said. From an institutional point of view, the reduction in the level of..
Bulgarians own real estate in 64 countries around the world. This is shown by data of the National Revenue Agency, provided to the "24 Chasa" daily. By April 30, 2024, 3,604 Bulgarian citizens have declared they own real estate..
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