At the end of October, Bulgaria's gross external debt amounted to EUR 37.326 billion, or 65.8% of the country's GDP. The debt increased by EUR 2.148 billion or 6.1% as compared to the end of 2019, the Bulgarian National Bank announced. Intercompany lending rose by EUR 1.12 billion as compared to the end of 2019 to EUR 14.968 billion.
The debt of “General Government” sector amounted to EUR 7.47 billion. It increased by EUR 2.043 billion or 37.6% as compared to the end of 2019 which is due to the new government bonds issued on the international markets.
Banks’ External debt decreased by EUR 999.1 million compared to the end of 2019 and amounted to EUR 3.902 billion.
More than EUR 1 billion will be invested in agriculture and rural areas in Bulgaria in 2025. According to a decision by the Monitoring Committee of the Strategic Plan for Agricultural Development, the funds are aimed at modernizing agriculture and..
Bulgaria’s industry is being transformed in the direction of high added value productions, reads an analysis by the Institute for Market Economics. This tendency is best manifested in computer science, electronics and optics which account for the..
Acceleration of inflation to 1.1% in October compared to the previous month was registered by the National Statistical Institute. On an annual basis, the index is 1.8 percent. In October, the prices of goods and services for..
Butter and vegetable oil are the products that have increased in price the most over the year. The retail price of vegetable oil will range between 3..
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