Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Bulgaria’s attempt to take a debt of 102 million euros has failed

Photo: BGNES

On October 24, the Bulgarian state tried to take a new debt but failed because of unfavorable terms. Securities for over 102 million euros were issued. The investors requested a very high yield and the issue was canceled, Minister of Finance Rositsa Velkova said in parliament.

She added that if the forecasts of a deficit of 6.6% next year came true, this would move the country away from being accepted into the Eurozone. According to her, this complicates the assumption of debt and the provision of liquidity in the state.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Bulgaria is 3% away from entering the US Visa Waiver Program

The U.S. Department of State today released the data for the refused type B visas for the financial year 2024. For Bulgaria, this percentage is 6.02%, which marks a significant decrease compared to last year, when it was 11.61%. This is the lowest..

published on 11/27/24 4:09 PM

Bulgarian MPs fail in their sixth attempt to elect Parliamentary Speaker

The Bulgarian MPs gathered in plenary today for a sixth attempt to elect a President, which again proved unsuccessful.  The chances of electing a Speaker of the 51st National Assembly are minimal The candidates Natalia Kiselova from..

published on 11/27/24 3:06 PM

Bulgaria and Egypt discuss possible direct air routes

Bulgaria's Ambassador to Egypt Deyan Katrachev met with Egypt's newly appointed Minister of Civil Aviation Sameh al-Hefny . At the meeting, which took place on 26 November, both discussed the updating of the air transport agreements between the two..

published on 11/27/24 2:12 PM