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Expert briefing
Publication date: 26 March 2019

The TCMB has responded quickly to a new wave of lira volatility ahead of local elections, forcing banks to borrow at the overnight rate of 25.5% instead of the 24.0% policy rate…

Expert briefing
Publication date: 18 January 2022

This 30% hike, from BGN102.33 in December, was at the request of Bulgargaz, the state-owned gas distributor. The decision came in the wake of a parliamentary vote on December 16…

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Expert briefing (2)
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