Bulgaria Approves EU1.5 Billion Eurobond Sale Before Vote
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Bulgaria approved a 1.5 billion-euro ($2 billion) Eurobond sale, the first in almost two years, as the ruling coalition announced it was preparing the way for early parliamentary elections.
Lawmakers in the capital Sofia ratified the borrowing agreements in a 109-33 vote, with 3 abstentions. The bonds may be sold in one or several tranches, Deputy Speaker Aliosman Imamov said in Parliament today.