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 principal being paid with the last payment. Commissions worth a total of EUR 182,45 million were asdmitted. 81% of the bonds were purchased by banks, 9% by insurance companies, 8% by pensions and guarantee funds and 2% by other investors. This is the third auction for 2024, with the new debt budgetary threshold being EUR 5.9 billion. The sum the treasury actually needs will be EUR 4.86 if the deficit does not exceed the EUR 2.97 billion set down.
The draft state budget was adopted in first reading by the National Assembly on November 21. However, the planned changes in the financial framework for 2026 triggered an open clash between the ruling coalition, led by GERB party, and the opposition..
KBC Group expects the Bulgarian economy to grow slightly more next year in comparison to its previous forecasts, according to the conclusions of the Belgian financial group's latest assessments of the economies of Central and Eastern..
Foreign direct investment (FDI) in Bulgaria posted the largest net inflows from the Netherlands, Italy and Greece in the first half of 2025, the Bulgarian National Bank (BNB) said. Net FDI inflows totalled €554.9 million from the Netherlands, €325.2..
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