On October 11, The Bulgarian National Bank will hold an auction for the sale of five-year treasury bonds to the tune of more than EUR 250 million. The bonds carry a fixed annual coupon of 0%.
In 2021, Bulgaria has so far sold EUR 500 million worth of government bonds. The debt ceiling set in the 2021 state budget is EUR 2.3 billion. The government needs to borrow capital to cover the expected budget deficit. The main buyers of bonds are banks and pension funds.
A working group comprising representatives of employers, trade unions and government experts is discussing the proposals of the Ministry of Labor and Social Policy for introducing a new mechanism to determine the minimum wage. This is happening a day..
“The main priorities businesses have – membership of the Eurozone and accession to the Schengen area by land – have receded to the background. They are the motors which can boost the economy, but the fact there is no regular government is an obstacle..
Bulgargaz has reported record interest in its tender for the supply of LNG to the Alexandroupolis terminal for January and February 2025. All nineteen bidders met the criteria set by the company and have been approved to participate in the next..
Butter and vegetable oil are the products that have increased in price the most over the year. The retail price of vegetable oil will range between 3..
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