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.
In the next 12 months, the Bulgarian business needs about 262,000 workers and specialists , according to a study by the Employment Agency. This is nearly 9.3% of the currently employed. Compared to the results in 2023, there is a..
There will be pilot testing of ground-based silver iodide generators for hail protection in two zones where the use of rockets is not allowed, the Deputy Minister of Agriculture Ivan Kapitanov said. At a meeting with Claude Berthet,..
The German economy has been shrinking and the government expects a decline of 0.2% of GDP. Some of the main reasons for this include unresolved structural problems related to lack of energy security, excessive bureaucracy and shortage..
Urgent reform of Bulgaria's planning districts is needed, local authorities insist.The current regionalization shows increasing economic imbalances in..
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