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Month: October 2021

Bulgaria’s Foreign Debt Soaring – Bulgarian National Bank
October 16, 2021October 11, 2021

Bulgaria’s Foreign Debt Soaring – Bulgarian National Bank

Bulgaria’s gross external debt at the end of July 2021 was EUR 40.527 billion. This is 61.7% of the country’s GDP, the Bulgarian National Bank […]

Putin Urges Russian Government To Curtail Spending As World Turns Back On Fossil Fuels
October 16, 2021October 11, 2021

Putin Urges Russian Government To Curtail Spending As World Turns Back On Fossil Fuels

President Vladimir Putin ordered the Russian government to look at curtailing spending from the state rainy-day fund on Friday, after the finance ministry said the […]

Bulgaria: 60 By 40 Measure Will Last Until End Of The Year, But With New Design
October 15, 2021October 11, 2021

Bulgaria: 60 By 40 Measure Will Last Until End Of The Year, But With New Design

The National Council for Tripartite Cooperation (NCTC) supported the extension of the measure 60 to 40 by the end of the year. The measure has […]

Bulgarian Livestock Farmers Fear Bankruptcy As Electricity, Fuel And Fodder Prices Skyrocket
October 15, 2021October 11, 2021

Bulgarian Livestock Farmers Fear Bankruptcy As Electricity, Fuel And Fodder Prices Skyrocket

Bulgarian Livestock Farmers on Brink of Bankruptcy over Skyrocketing Electricity, Fodder Prices Rising prices of electricity, fuel and fodder put many farmers at risk of […]

Bulgarian Economy Will Recover Slower Compared To Global Levels According To Analysis
October 14, 2021October 11, 2021

Bulgarian Economy Will Recover Slower Compared To Global Levels According To Analysis

The Bulgarian economy is expected to grow at a slower pace than the global one, growing by 3.5% in 2021 and by 3.8% in 2022. At the […]

Trillion Dollar Coin Idea For US Debt
October 14, 2021October 11, 2021

Trillion Dollar Coin Idea For US Debt

A trillion-dollar coin could be created by the US Minister of Finance and deposited into the account of the US Central Bank to repay an equivalent share of […]

ECB Ready To Respond To Rising Consumer Prices
October 13, 2021October 11, 2021

ECB Ready To Respond To Rising Consumer Prices

The growing uncertainty about rising consumer prices requires close monitoring by the European Central Bank, which sees it as a temporary trend, but it must […]

The IMF Is Divided On The Case With Kristalina Georgieva
October 13, 2021October 11, 2021

The IMF Is Divided On The Case With Kristalina Georgieva

The divisions between the United States and Europe over whether Kristalina Georgieva should remain in the post of IMF director are about to overshadow the […]

Bulgaria: Manufactured Goods Shot up 18% in August 2021
October 12, 2021October 11, 2021

Bulgaria: Manufactured Goods Shot up 18% in August 2021

In August 2021, production prices in Bulgaria increased by 3% compared to the previous month and recorded a record growth on an annual basis of nearly 18% as a […]

“Bulgargaz” Wants A New Increase In The Price Of Gas
October 12, 2021October 11, 2021

“Bulgargaz” Wants A New Increase In The Price Of Gas

“Bulgargaz” suggests the price of natural gas to become BGN 80.28 / MWh from October 1. For September, the price approved by the regulator is BGN […]

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