Bulgaria is interested in participating as a co-shareholder in the initiative to create a "green" corridor for the transmission of "green" energy produced in Azerbaijan to Europe, caretaker Premier Dimitar Glavchev said at a meeting in Berlin with the Minister of Foreign Affairs of Azerbaijan, Jeyhun Bayramov. Premier Glavchev reaffirmed Bulgaria's support for the initiative, in which Georgia, Hungary and Romania also participate alongside Azerbaijan. It is yet to be specified which state company will take part in it on the Bulgarian side.
During the talks, the Vertical Gas Corridor was also discussed, for the construction of which two major contracts were signed a week ago in Sofia. The project aims to replace Russian gas supplies and will cement Bulgaria's place on the gas map. It will serve as a main corridor for the South-North transmission of Azeri natural gas to Central European markets.
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..
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