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
Svishtov on the Danube is celebrating 169 years since the first Bulgarian chitalishte was founded. The official celebrations will take place at the memorial plaque honouring Dimitar Nachovich. The chitalishte in Svishtov was founded on 30..
The terms and conditions for applying for the new stage of the EXPLORER programme of the Institute for Computer Science, Artificial Intelligence and Technology INSAIT at the St. Kliment Ohridski University in Sofia are to be presented today...
Bulgaria's Schengen membership is a great opportunity, but also a challenge. In order to make the most of this opportunity, administrative barriers that hinder the tourism sector must be removed. This was agreed by participants at a meeting on the..
Bulgaria is well advanced in the process of meeting the criteria for joining the Eurozone, European Central Bank President Christine Lagarde said during..
The idea of the state acquiring the only oil refinery in Bulgaria – Lukoil Neftohim in Burgas – as proposed on 29 January by the Movement for Rights and..
The case with the detained Bulgarian ship Vezhen was discussed behind closed doors in the European Parliament's Security and Defense Committee on..
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