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Parliamentary debates regarding the possible new debt issue of BGN 16 B will be postponed after the majority of MPs voted in favor of the proposal on Thursday.
The proposal came from the leader of nationalist Patriotic Front party, Valeri Simeonov. He added that in order for a decision of that importance to be taken, more clarifications will be needed.
Most MPs agreed, with 115 voting in favor, 59 against and two abstained.
Finance Minister Vladislav Goranov stated that the government is considering the option of issuing 30-year securities bearing a maximum interest rate of 10 percent. He added that new external borrowings will provide for its financial stability in the next three years.
Opposition parties, on the other hand, organized a series of protests in response on Wednesday.
Ksenia Eliseeva, a Russian activist living in Bulgaria, has voiced her frustration after the Bulgarian government denied her refugee status
On Thursday, Bulgaria will experience predominantly sunny weather across most regions
Prices in seaside restaurants across Bulgaria are rising this year, with a noticeable hike in some popular beachside dishes
The cost of essential foods in Bulgaria has risen by nearly 11% over the past year, as reported by the Commission on Commodity Exchanges and Markets
The Bulgarian National Bank (BNB) has released another set of practical guidelines regarding the transition to the euro once the country joins the eurozone
Wages across Europe show considerable variation, with substantial differences in both nominal salaries and cost of living. A useful indicator in assessing these disparities is the average adjusted full-time salary of employees
Sofia continues to dominate Bulgaria's housing market, securing the top spot for the third consecutive year in the construction of large residential properties.
According to the latest data from the Bulgarian National Bank (BNB), the number of individuals in Bulgaria holding bank deposits of over 1 million BGN continues to rise steadily—at an average rate of one new millionaire depositor per day.
Bulgarian MPs in a temporary road safety committee supported a proposal to deny annual car inspections (GTP) to drivers with unpaid traffic fines.
Prime Minister Zhelyazkov: “Fastest-Adopted Governance Program in History – Finalized in Just 38 Days”
Bulgaria has accelerated in embracing digital technology, with 84% of its population actively involved on the internet.
Plovdiv has emerged as the most dynamic regional office market in Bulgaria, with over 237,000 square meters of Class A and B office space, according to the latest “Offices in Regional Cities in Bulgaria” report published by Colliers International.
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
