In 2024, the priority is the future of state-owned enterprises, through restructuring or perhaps closing the State Consolidation Company, Minister of Economy Bogdan Bogdanov said at a briefing.
State enterprises can no longer exist in this form, because of corruption practices. We are considering options so that we don't lose jobs. The goal is to direct state-owned enterprises towards clean technologies and circular economy, defense and aerospace technology, bio-technologies, important minerals, metals and raw materials, the minister said. He reported a record growth of 3.5 billion euros in foreign investments for the first 10 months of 2023 and an investment intention of over 1.1 billion euros in Plovdiv, Stara Zagora and Burgas. Work is also underway in relation to another possible investment of over 600 million euros in the automotive sector, Minister Bogdanov added.
The financial situation in the country is critical, Finance Minister Temenuzhka Petkova says. Which means that the good news – the slowing inflation rate (on an annual basis) and Bulgaria’s full accession to the Schengen area at the beginning of the..
Moody's Ratings has affirmed Bulgaria's long-term and short-term rating at Baa1 with a stable outlook. The affirmation of Bulgaria's Baa1 rating reflects the rating agency's expectations that Bulgaria's debt and creditworthiness indicators will remain..
On January 27th, government securities for 150 million euros (300 million leva) will be offered on the domestic market , the Bulgarian National Bank (BNB) announced. The bonds will have a maturity of 7 years and an annual interest rate of 3.25%. On..
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