The Bulgarian National Bank is holding an auction for the sale of ten-year treasury bonds to the tune of EUR 250 million. The bonds are expected to carry an annual coupon of 0%.
Since the beginning of 2021, Bulgaria has sold government bonds amounting to EUR 900 million. The debt ceiling set in the 2021 state budget is EUR 2.25 billion. The debt ceiling remained unchanged after the amendment of this year's state budget. This country’s caretaker government is borrowing capital to cover the expected budget deficit.
Bulgaria’s debt for 2024 amounts to BGN 48.846 billion (EUR 24 billion), or 24.1% of the country’s GDP, preliminary data from the National Statistical Institute (NSI) show. In 2023, the country's debt was BGN 42.383 billion (EUR 20.8 billion), or..
A working individual living in a one-person household needs a net monthly income of 1,521 BNG (EUR 747) to cover basic needs. A three-member household needs 2,738 BGN (EUR 1,344). The income needed to cover minimum living costs increases by..
"Flower in a Test Tube" is an innovative project that creates a new product using plant biotechnology. But it does more than that—it tells a story about the power of the human mind and heart. The idea comes from Petar Neftelimov, a young man born with..
The Bulgarian Investment Agency (BIA) and the Japan External Trade Organization (JETRO) are signing a memorandum of understanding that will give new..
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