Bulgaria issued the ten-year interest-bearing and thirty-year interest-bearing government bonds in the right moment. Other countries did it earlier and will have to pay higher interest rates on their government bonds. Bulgaria has to pay 0.4% interest on its ten-year interest-bearing bonds and 1.4% interest on its thirty-year interest-bearing government bonds, which is under inflation levels. It means that we are to pay a negative interest rate on a thirty-year interest bearing bonds, or in other words, confidence in Bulgaria is high, Georgi Angelov, Senior Economist at the Open Society Institute commented for Bloomberg TV.
Government bond yield is comparable to bond yield in countries with higher credit rating than Bulgaria, this country’s Minister of Finance told BNR after Bulgaria issued the new external debt.
Bulgaria's main trading partners are Germany, Romania, Italy, Greece and France, which account for 62.5% of exports to EU Member States, according to NSI data. In February, exports of goods from this country to the EU decreased by..
The liberalization of the electricity market for household consumers and their entering the free electricity market, something companies did years ago, is being postponed. At least for now. The reform should have entered into effect on 1..
The preparation of the non-banking financial sector for the introduction of the euro is at a very advanced stage and a significant part of it has already taken concrete measures to adapt to the new currency, the new chairman of the Financial..
Bulgaria's main trading partners are Germany, Romania, Italy, Greece and France, which account for 62.5% of exports to EU Member..
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