Joining the Eurozone later in 2025 is a possible scenario, and at this stage, it is a more likely one, Bulgarian National Bank Governor Dimitar Radev said for BTA in Washington during the Spring Meetings of the World Bank Group and the International Monetary Fund.
''The budget must be anti-inflationary, which is not the case at the moment’’, said Dimitar Radev. ''Global, as well as our own experience, shows that this can best be achieved through measures for effective management and control of spending", Dimitar Radev went on to say. "What we see keeps us vigilant, but at this stage we are not particularly worried", Dimitar Radev said with regard to the increasing mortgage lending.
The Bulgarian National Bank held an auction for the sale of securities with 3-year maturity at a 3% interest rate. At the auction, the Ministry of Finance offered bonds worth EUR 150 million. Interest will be paid once in 6 months, with the loan..
The Bulgarian National Bank published a review of measures aimed to address the risks to the banking system, including those stemming from loans secured by residential real estate. ''Such concerns are well-founded given the situation in the real..
The international rating agency Standard & Poor's (S&P Global Ratings) has affirmed Bulgaria's 'BBB/A-2' long-term and short-term foreign and local currency sovereign credit ratings. The rating outlook remains positive. If a stable..
The Bulgarian National Bank held an auction for the sale of securities with 3-year maturity at a 3% interest rate. At the auction, the Ministry of..
Thunderstorms 
sunshine, cloud, rain and thunder