Rising Prices Hit Seaside Restaurants in Bulgaria This Summer
Prices in seaside restaurants across Bulgaria are rising this year, with a noticeable hike in some popular beachside dishes
Bulgaria has taken on new state debt amounting to 4 billion leva, Bulgarian National Radio reported.
The Ministry of Finance has not yet officially confirmed the information.
According to reports, the country has raised nearly 4 billion euros on international markets through the issuance of two bond tranches — with maturities of 9 and 13 years.
Both bond issues have achieved a narrowing of spreads, indicating that Bulgaria secured the new debt under more favorable conditions compared to previous placements.
It is a standard practice for the Ministry of Finance to delay public announcements about such placements, particularly when they are conducted on international markets, and to provide official information a day after the transactions are completed.
Under the Budget 2025 framework, Bulgaria is permitted to take on new debt of up to 18.9 billion leva. Until now, the country had already issued 1.8 billion leva in debt through the domestic market.
A significant portion of Bulgarians' savings is already held in euros, signaling the country's readiness for the currency switch, even before its official adoption
Inflation in Bulgaria is projected to rise ahead of the country’s euro adoption
The Bulgarian National Bank (BNB) has announced that it will stop publishing the key interest rate following the country's adoption of the euro
Iliya Lingorski, a member of the Bulgarian National Bank's (BNB) Governing Board, highlighted the significant logistical challenges of adopting the euro in Bulgaria
The Bulgarian National Bank (BNB) has clarified the procedural changes that will take effect with the adoption of the euro as Bulgaria’s official currency.
During the one-month transition period after Bulgaria adopts the euro, ATMs across the country will distribute only euro banknotes
Google Street View Cars Return to Bulgaria for Major Mapping Update
Housing Prices Soar in Bulgaria’s Major Cities as Demand and Supply Strain Increase