The day in 3 news: Bulgaria sells 102.3 mln euro of T-bonds; Gov’t bans waste imports; Protest against new Covid rules

The day in 3 news: Bulgaria sells 102.3 mln euro of T-bonds; Gov’t bans waste imports; Protest against new Covid rules

© Георги Кожухаров


On Wednesday restaurant and club owners closed Sofia city center in protest at new COVID-19 regulations. At the same time the first so-called dark red zone was announced in Targovishte region, where coronavirus infection rates over the past two weeks have reached 500 people per 100 000 population overall. This means indoor events will not be allowed and inviting guests to family gatherings will be forbidden.

Bulgaria sells 102.3 mln euro of T-bonds

The Ministry of Finance has sold 200 mln levs (102.3 mln euro) of internal debt in government bonds to investors. The 5-year Treasury bonds were placed at a negative weighted average annual yield of 0.15%, according to Bulgaria National Bank's data. The issue of 5-year bonds has already been offered to investors twice this year, achieving negative yields in February and March, although it was initially -0.17 % and then -0.1%. Also, this is the first debt issuance during the term of caretaker Minister of Finance Assen Vassilev. The bonds are with a zero interest rate and they were purchased mostly by banks and funds.

Bulgaria bans imports of waste intended for deposition or use as fuel

The government has implemented a ban on imported waste that is intended for deposition or use as fuel in order to stop illegal incineration of such (non-dangerous) waste in power plants. Imports will be allowed only in exceptional cases where the quantities of waste generated in the country are insufficient for the capacity of the installations with issued complex permits for waste incineration.

Restaurateurs protest against new COVID-19 rules

Today restaurant and club owners protested in front of the National Assembly against new coronavirus restrictions that reduce working hours to between 7 am and 10 pm for restaurants, bars and casinos - as well as introduce other restrictions on their way of working. They insisted on the resignations of Minister of Health Stoycho Katsarov and the State Health Inspector Angel Kunchev. Protesters also demand financial compensation for business to be adopted in the next Budget revision.

On Wednesday restaurant and club owners closed Sofia city center in protest at new COVID-19 regulations. At the same time the first so-called dark red zone was announced in Targovishte region, where coronavirus infection rates over the past two weeks have reached 500 people per 100 000 population overall. This means indoor events will not be allowed and inviting guests to family gatherings will be forbidden.

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