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.
The Culture Committee of the Bulgarian National Assembly failed to approve, at first reading, a bill on amendments to the Public Libraries Act to rename the National Library Sts. Cyril and Methodius to People’s Library. 2 MPs voted “for”, 4 voted..
A proposal for the establishment of a state-run company for trading in groceries, primarily produced in Bulgaria, via chain stores, was approved by the National Assembly’s Committee on Budget and Finance. The proposal was tabled between the..
The Eurogroup encourages Bulgaria to adopt the euro, according to a letter by its President Paschal Donohoe to European Council President Antonio Costa. The letter comes in connection with the upcoming meeting of the European leaders in Brussels on..
Bulgarian citizens and road hauliers should avoid traveling to Serbia on March 15 and 16 except in cases of extreme necessity , until the protest actions..
Bulgarian Ambassador to the United States Georgi Panayotov and Raycho Raychev, founder and CEO of the Bulgarian company EnduroSat , met with experts..
The prehistoric complex "Provadiya-Solnitsata" - the oldest salt production and urban centre in Europe (5600 - 4350 BC) - is among the sites nominated..
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