Bulgaria’s debt for 2024 amounts to BGN 48.846 billion (EUR 24 billion), or 24.1% of the country’s GDP, preliminary data from the National Statistical Institute (NSI) show. In 2023, the country's debt was BGN 42.383 billion (EUR 20.8 billion), or 23.1% of the country’s GDP.
In 2024, the General Government Sector reports a deficit of BGN 6.158 billion (EUR 3 billion), or 3% of GDP. The deficit in the Central Government subsector was BGN 5.277 billion (EUR 2.6 billion), or 2.6% of GDP. A year earlier, the General Government deficit was 1.9% of GDP, and the deficit of the Central Government was 1.8% of Bulgaria’s GDP.
The deficit in Local Government subsector amounts to BGN 810 million (EUR 405 million), while the Social Security subsector reports a deficit of BGN 71 million (EUR 35.5 million).
Bulgaria's main trading partners are Germany, Romania, Italy, Greece and France, which account for 62.5% of exports to EU Member States, according to NSI data. In February, exports of goods from this country to the EU decreased by..
The liberalization of the electricity market for household consumers and their entering the free electricity market, something companies did years ago, is being postponed. At least for now. The reform should have entered into effect on 1..
The preparation of the non-banking financial sector for the introduction of the euro is at a very advanced stage and a significant part of it has already taken concrete measures to adapt to the new currency, the new chairman of the Financial..
Bulgaria's main trading partners are Germany, Romania, Italy, Greece and France, which account for 62.5% of exports to EU Member..
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