The day in 3 news: Gov’t raised 150 mln euro in T-bond sale, Bulpros to merge with ec4u, Hints of possible coalitions

Left to right: Slavi Trifonov, Maya Manolova, Hristo Ivanov

The day in 3 news: Gov’t raised 150 mln euro in T-bond sale, Bulpros to merge with ec4u, Hints of possible coalitions

Left to right: Slavi Trifonov, Maya Manolova, Hristo Ivanov

© KInsights


There are no more vacant Covid-19 hospital beds in the country, said Dr Ival Kolchakov of University Hospital Sofiamed. All regions in Bulgaria are now in the red zone as cases increase. Bulgaria is also heading another negative ranking - according to data from John Hopkins University, Covid-19 mortality reached 4%, the worst in the EU and among the top 10 globally.

Slavi Trifonov, "Stand up! Thugs out" and Democratic Bulgaria could united

In a pre-election exchange with viewers of his TV channel Seven-Eights, Slavi Trifonov - third in the polls with his party There is Such a People (TSP), said that TSP would not form a coalition with GERB, BSP, MRF, or any other patriotic formation that has made it to parliament. Dealing with Democratic Bulgaria and the coalition surrounding Maya Manolova's platform "Stand up! Thugs out" is the lesser evil, he added. Democratic Bulgaria and Maya Manolova have also already commented that they are willing to consider working together with Trifonov's party.

Such a coalition wouldn't be able to form a majority in parliament - currently, polls estimate that the three parties can win about 70 seats whereas a majority would require 121. However, it can strengthen the opposition in parliament and disrupt the status quo, judging by what the three parties have been saying so far in the campaign.

Bulgarian software giant Bulpros to merge with German partner ec4u

The largest entirely Bulgarian software company by revenue in the country, Bulpros (86.4 million levs in 2019), is merging with its German partner - consulting firm ec4u. The newly formed group will be majority-owned by the pan-European Silverfleet Capital Fund. Meanwhile, the Bulgarian funds BlackPeak Capital and NEVEQ, which joined Bulpros in 2015 and 2016, respectively, are withdrawing from their investments. They held a 22% stake in the company.

Bulgaria raised 300 million levs from the domestic market

On March 22, the ministry sold 5-year zero-interest securities worth 300 million levs (150 million euro) on the domestic market. The achieved yield was -0.1%. In February - the last time the state offered securities from the 5-year segment, the achieved yield was -0.17%. As a whole, since the beginning of 2021, the state has raised 800 million levs or 400 million euro from T-bonds.

There are no more vacant Covid-19 hospital beds in the country, said Dr Ival Kolchakov of University Hospital Sofiamed. All regions in Bulgaria are now in the red zone as cases increase. Bulgaria is also heading another negative ranking - according to data from John Hopkins University, Covid-19 mortality reached 4%, the worst in the EU and among the top 10 globally.

By using this site you agree to the use of cookies to improve the experience, customize content and ads, and analyze traffic. See our cookie policy and privacy policy. OK