Text size

Bulgaria's foreign debt is growing

published on 9/30/21 9:29 AM

Bulgarian National Bank

Photo: Ani Petrova, BNR

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 announced. For a year, the debt has grown by almost 3 billion euros and includes both government and private sector liabilities.

Long-term liabilities - at the end of July amounted to over 34 billion euros and in one year have increased by 2.5 billion euros. The short-term repayment liabilities in the next 12 months are EUR 6.375 billion, or EUR 408 million more than a year earlier.

The government's external debt at the end of July was 8.354 billion euros, or 12.7% of the GDP. For one year, the increase is 2.164 billion euros, or 35%.

Последвайте ни и в Google News Showcase, за да научите най-важното от деня!

Radio Bulgaria Economy external foreign debt foreign debt GDP liabilities

More from category

The Sumitomo Electric Bordnetze factoriy in Mezdra, Bulgaria.

Japanese cable factory moves production out of Bulgaria, citing high costs

Japan's Sumitomo Electric Bordnetze plans to cease operations at one of its factories in Bulgaria, located in Mezdra, by 2025. Its second factory in Karnobat will continue to operate at reduced capacity, BTA reported. The decision comes as the company..

published on 9/15/24 5:00 PM

Petko Nikolov, minister of economy, visits state dairy LB Bulgaricum.

State dairy company LB Bulgaricum starts modernisation of its plant in Vidin

State-owned dairy company LB Bulgaricum will start modernising its production facility in Vidin in September. The first step will be to renovate the refrigeration units and repave the alleys leading to the workshops and the car park in..

published on 9/15/24 9:05 AM

Minister of Innovation proposes that civil servants should be provided with loans by BDB

The Minister of Innovation and Growth, Rosen Karadimov, has not given up on the idea of the Bulgarian Development Bank (BDB) granting preferential loans to those working in the public sector. In an interview with BNT, he said that..

published on 9/14/24 2:36 PM

WEATHER

Pick city: Sofía

Thunderstorms
Min: 14 | Max: 19

BULGARIA IN PICTURES

Which world-famous Bulgarian artist designed QSL cards for Radio Bulgaria?

Construction of the Hemus Motorway has been going on for half a century

On October 4, 1974, the construction of the Hemus Motorway from Sofia to Varna started. Back then, the chairman of the State Council and..

published on 10/4/24 1:29 PM

Tourism minister calls for efforts for all-year-round tourism in Bulgaria

2024 is the best year since tourism statistics have been in existence – revenues, accommodation, number of tourists and tourist registrations, number of..

published on 10/4/24 11:17 AM

Share