The Bulgarian state has placed two 2.5 billion-euro loans on international markets with maturities of 10 and 30 years. The yield is 0.4% for 10-year bonds and 1.48% for 30-year bonds. This has been a record low interest rate ever received by the country, according to the position of the largest trade union in Bulgaria - CITUB.
According to us, this new debt is a serious request for state participation in the economy, especially in the conditions of an unprecedented economic crisis. According to CITUB, taking debt is not only timely, but also mandatory, because at the backdrop of declining GDP there was no one to take systematic risks except the state. This way processes such as mass bankruptcies and high unemployment would be avoided, the trade union added, BGNES reported
‘A historic moment for Bulgarian Studies in the US!’ With these words, Bulgaria’s Consul General in Chicago, Svetoslav Stankov, announced that the University of Illinois at Urbana-Champaign will officially launch its Bulgarian Studies programme on..
It will be clear and mostly calm during the night. On Tuesday morning, there will be temporary increases in cloud cover and reduced visibility in some low-lying areas and over the eastern regions. Minimum temperatures will range from 8°C to 13°C ; in..
Traffic on Tsarigradsko Shose Boulevard in Sofia is blocked by two separate protests, by residents of the Gorublyane and Druzhba 2 neighbourhoods. Residents of Druzhba 2 are protesting against planned “ongoing repairs” to the heating system by..
This year, the team exploring the Provadia-Solnitsata archaeological complex is organizing an Open Day on September 22. A new visitor route has been..
On September 21, we observe World Alzheimer's Day. This day has been marked annually since 1994 at the initiative of the Alzheimer's International..
Bulgaria is celebrating 117 years since it proclaimed independence from the Ottoman Empire today. On 22 September 1908, Prince Ferdinand I read..
Partly Cloudy
Mostly Cloudy