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CITUB: Debt is largely mandatory

The Bulgarian state has placed two 2.5 billion-euro loans on international markets with maturities of 10 and 30 years. The yield is 0.4% for 10-year bonds and 1.48% for 30-year bonds. This has been a record low interest rate ever received by the..

24.09.20 15:58 |

Bulgaria's foreign debt has shrunk by 330 million euros for year

Gross external debt, both private and public has been declining. At the end of May, the gross external debt was EUR 33.974 billion, which is an annual decline of 1% or EUR 330.2 million. This represents 59.9% of the country's projected GDP for this..

29.07.20 19:10 |

Bulgaria’s debt amounted to EUR 13.2 billion in 2017

In 2017 Bulgaria’s debt amounted to EUR 13.2 billion, or 25.6% of the country’s gross domestic product, the National Statistical Institute informs. According to final data, the State Government sector registered a budget surplus of EUR 573 million, or..

22.10.18 12:35 |

Bulgaria remains one of the countries with lowest government debt in Europe

Some 5.6 billion euros was the government external debt at the end of March, data by the Bulgarian National Bank show. In comparison to the past year, the government's external debt has declined by more than 800 million euros. For several years the..

28.05.18 14:03 |

Bulgaria’s debt equivalent of one quarter of country’s GDP

Bulgaria’s debt for 2017 stands at 25.06 bn Leva /12.8 bn euro/, or 25.4 percent of the country’s GDP, preliminary National Statistical Institute (NSI) estimates indicate. General government has a budget surplus of 920 mln Leva /470 mln..

23.04.18 12:02 |

Bulgaria among top 5 EU countries in economic growth

Bulgaria is among the top 5 countries in the EU in economic growth, the Bulgarian Ministry of Economy announced, citing Eurostat data. This country is in the top 3 countries in low debt, with only Estonia and Luxembourg ahead of Bulgaria. A..

13.11.17 12:43 |

Poor municipalities in debt and dependent too

Bulgaria has 264 separate municipalities and 156 of those /60%/ have debts. Their budget balances show that they spend more money than they make. Their incomes are due to state subsidies and local taxes and fees, mainly ones on garbage,..

19.06.16 00:05 |
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