VIVACOM placed in November 2013 bonds at the ISE valued at EUR 400 M to ensure funding for part of its debts.
It is yet to make some of its payments, but has stressed it has some EUR 20 M in other banks at disposal.
The ISE notes that "VIVACOM continues to generate positive cash flows from operating activities and the financial position of the company is stable, with more than EUR 20m of cash in its other servicing banks."
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In its latest macroeconomic forecast released on Tuesday, the Bulgarian National Bank (BNB) anticipates a 2.2% increase in Bulgaria's Gross Domestic Product (GDP) for the year 2024, compared to 1.8% in 2023
Bulgaria is grappling with a sharp increase in counterfeit currency, with the Bulgarian National Bank (BNB) reporting a concerning surge in fake banknotes, particularly those of 100 BGN denominations
Bulgaria's Gross External Debt stood at approximately EUR 42,410 million by the end of October 2023, marking a 3.7% decrease from the same period in 2022, according to data released by the Bulgarian National Bank (BNB)
During a parliamentary budget committee meeting, Dimitar Radev, the Governor of the Bulgarian National Bank (BNB), advocated for a strategic fiscal approach, proposing a 10% buffer allocation within the budget for 2024
In a recent meeting between the Economic and Social Council (ESC) representatives and the Bulgarian National Bank (BNB) Governor Dimitar Radev, the ESC reaffirmed its staunch support for Bulgaria's accession to the eurozone by January 1, 2025
A significant shift is on the horizon for Bulgaria's financial landscape as the Bulgarian National Bank (BNB) gears up for its integration into the Eurozone by January 1, 2025
As the clock ticks down to midnight tonight, Bulgarians are reminded that April 30th marks the final day for filing their 2023 personal income tax returns
Bulgaria's National Bank has disclosed the country's external debt figures, revealing a notable increase in gross foreign debt at the end of February 2024
Fitch Ratings, a leading credit rating agency, has affirmed Bulgaria's Long-Term Foreign-Currency Issuer Default Rating at 'BBB' with a Positive Outlook
The National Statistical Institute reports that in 2023, the poverty line for the entire country stood at 637.92 BGN per person per month within households
Bulgaria's long-anticipated entry into the Eurozone may face a delay, as the country is unlikely to meet the inflation criterion required for the introduction of the euro on January 1, 2025
The price of retail lamb in Bulgaria has surged by 8.4% on an annual basis, according to statistics released by the Ministry of Agriculture and Food, with data sourced from SAPI indicating an average price of BGN 25.27 per kilogram as of April 10
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022
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