GDP growth in Bulgaria will be 1.9% in 2023, slowing to half the 3.9% rate in 2022. Domestic demand and net exports will contribute to growth. Annual inflation will be 6.1 per cent. These are the expectations of analysts at the Bulgarian National Bank..
On 1 November, the Bulgarian National Bank is raising the base rate for the national currency – Lev – to 3.79 %. The base rate in October was 3.64%, and in September 3.53%. Interest rates have been going up since the end of September 2022 when..
With the votes of 155 MPs in the 240-seat parliament, Dimitar Radev was elected governor of the Bulgarian National Bank for the next 6 years. He was nominated for a second term by GERB-SDS and supported by PP-DB. During his..
The Bulgarian National Bank raised the base interest rate by 0.35% to 2.17%. The new base interest rate is effective as of March 1. In February the base rate was at 1.82%. The interest rate increase comes against the backdrop of increasing interest..
The Bulgarian National Bank (BNB) has approved the merger of KBC Bank Bulgaria (former Raiffeisenbank Bulgaria) and the United Bulgarian Bank (UBB). The decision is in implementation of an instruction of the European Central Bank, the BNB said. The..
On February 6, 2023, the Bulgarian National Bank is putting into circulation a silver commemorative coin on the theme "200 years since the birth of Nayden Gerov" from the "Bulgarian Revival" series. The price of the coin is BGN..
Bulgaria surprisingly came out with an issue of ten-year euro bonds on the international markets as on January 17 , in one day, the Bulgarian National Bank announced and sold the entire circulated debt. The financier Nikolay Vanov commented for the..
The Bulgarian National Bank (BNB) in its economic analysis forecasts a significant raise in interest rates on loans and deposits. The biggest increase in interest rates is expected to be in the fourth quarter of this year and the first half of next year...
On September 19, the Bulgarian National Bank (BNB) announced a tender procedure for the taking of internal debt of 100 million euros. The bonds of the Ministry of Finance have a maturity of 10.5 years and an interest rate of 2.25 percent. For this..
As of June 27, the Bulgarian National Bank - BNB puts into circulation a gold commemorative coin dedicated to Saint Paisius of Hilendar. The price of the coin is 1,920 euro. The coin will be sold at the BNB headquarters and in the..
