Is Russian Oil Flowing to Bulgaria in 2026?
Bulgaria's only oil refinery, Lukoil Neftochim Burgas, processed Russian crude for most of its post-Soviet history. Since March 2024, that has been banned by law
HOT: » Which party would you vote for (if you could) in the upcoming snap vote in Bulgaria on April 19?
Bulgaria is set to issue a new batch of government bonds, with the Ministry of Finance confirming preliminary terms for an upcoming auction through the Bulgarian National Bank. The auction is scheduled for February 11, 2026, and will offer ten-year treasury bonds maturing on February 11, 2036. The total value of this issue is 150 million euros, carrying a fixed interest rate of 3.5 percent.
Earlier in January, the Ministry of Finance successfully placed two issues of government securities totaling 300 million euros. On January 19, a new issue of two-year euro-denominated bonds was launched, with a maturity date of January 21, 2028, and an annual interest coupon of 2.25 percent. This was followed on January 26 by a five-year issue, maturing on January 28, 2031, with a 2.75 percent annual interest rate.
Each of the two auctions in January involved the placement of government bonds worth 150 million euros, marking the start of Bulgaria’s 2026 bond issuance program. The new ten-year bonds represent the longest maturity offered so far this year, reflecting the government’s ongoing efforts to diversify its euro-denominated debt portfolio.
The Bulgarian National Bank (BNB) has decided to increase the countercyclical capital buffer to 2.25%, in a move aimed at easing pressure on the rapidly growing housing credit market and strengthening the resilience of the banking system.
The Ministry of Finance has released a broad public dataset covering more than 7,000 public procurement contracts with a combined value exceeding 30 billion euros
Caretaker Finance Minister Georgi Klisurski said he expects fuel prices at gas stations to ease in the coming period, pointing to a sharp decline in international oil markets
Bulgaria’s new government borrowing for 2026 has surpassed the 1 billion euro mark following the latest successful auction of state securities, according to data cited from the Bulgarian National Bank
Bulgaria recorded only a modest and one-off increase in inflation following the adoption of the euro on January 1, with the effect estimated at between 0.3 and 0.4 percentage points
Data released by the Ministry of Finance, covering budget execution for February 2026 and preliminary estimates for March 2026, indicate a marked deterioration in Bulgaria’s fiscal position
Aniventure Comic Con Returns to Bulgaria with Star Guest Christopher Judge!
Global Fuel Shock: Oil Jumps Over 40% Since Iran War Began