The Bulgarian National Bank has announced that a new debt to the tune of EUR 100 million from the domestic market is to be issued. Unlike the last issue on April 6, when the bonds has a 5 -year maturity period, the new securities will be for 10 and a half years. The internal issue was last opened at the end of February. The average return achieved then was 0.12%. On April 6, it also achieved very low yields, albeit non-negative, as in previous issues.
The debt accumulated since the beginning of the year is EUR 500 million. After the new debt issue on April 13, the debt will reach EUR 600 million.
Bulgaria’s Vertical Gas Corridor project is on track for completion by the end of 2026 , according to Energy Minister Zhecho Stankov, who stressed that it would help the country maintain its strategic position in South East Europe. Accompanied by..
Bulgaria’s coalition parties have agreed to introduce a rotating chairmanship of the National Assembly. At today’s joint governance council meeting, members also discussed next year’s draft budget. Kostadin Angelov, Deputy Chairman of..
Google has donated an additional $1 million to the Institute for Artificial Intelligence and Computer Technologies (INSAIT) at Sofia University , bringing its total investment in the institute to over $6 million. According to the institute’s website,..
An earthquake with a 6.1 magnitude on the Richter scale hit Western Turkey at 22.48 hours last night. There were over 40 aftershocks after the..
Bulgaria’s draft social security budget indicates that the minimum wage from 1 January 2026 will be lower than the level set out in the Labour Code ,..
On Tuesday , the lowest temperatures will be between 3 and 8°C; in Sofia – about 4°C. During the day before noon cloudiness will be..
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