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Government debt for 2023 was €2bn higher than in 2022

Bulgaria's public external debt at the end of 2023 was €10.888 billion, an increase of 22.7 per cent, or more than €2 billion, compared with the end of 2022. This is 11.6 per cent of GDP, the Bulgarian National Bank said. In December 2023, Bulgaria's..

28.02.24 13:10 |
Bulgarian National Bank

Bulgaria takes on new foreign debt of 1.5 billion euros

Bulgaria surprisingly came out with an issue of ten-year euro bonds on the international markets as on January 17 , in one day, the Bulgarian National Bank announced and sold the entire circulated debt.  The financier Nikolay Vanov commented for the..

18.01.23 11:25 |

Bulgaria’s external debt remains manageable

The geographical structure of Bulgaria’s external debt has changed significantly s ince 2002 , the Bulgarian National Bank announced. In the past, most government bonds were owned by American pension funds. Now, 80% of the bonds are owned by..

07.02.22 14:03 |

Government debt goes up by 22.5% in the space of one year of pandemic

The government debt of the country has gone up by 22.5% or 2 . 72 billion euro in the space of one year. The debt of the Central Government subsector by the end of February 2021 amounted to 14.8 billion euro, and now accounts for 23.2% of..

01.04.21 16:35 |

External debt has increased by 2.3 billion Leva in past year of coronavirus pandemic

A drop in export by 8% and in import by 10%, a rise in the unemployment rate by 170,000 lost jobs and a growth of the external debt by 2.3 billion Leva – this is the picture of the past year of coronavirus pandemic, said Radosvet Radev ,..

14.03.21 13:32 |
Boyko Borissov

PM Borissov: Bulgaria has the lowest deficit and external debt in EU

“Bulgaria ended 2020 and is starting the new year with the lowest deficit in the EU,” said Prime Minister Boyko Borissov during a visit to Varna. “This country has the lowest external debt and is managing its finances, the economy and the health..

04.01.21 11:38 |

Bulgaria issues new external debt to the tune of EUR 100 million

The Bulgarian government will take on another 5-year debt amounting to EUR 100 million next week. The Bulgarian National Bank has announced that an auction will be held on January 13 for the issuance of new 5-year interest-bearing government bonds..

07.01.20 13:25 |

Government set to bring external debt down to 20 percent of the GDP by end year

Commenting on the latest Eurostat report on the levels of indebtedness within the EU, according to which from 29 percent, Bulgaria has brought its external debt down to 25.4 percent of the GDP, PM Boyko Borissov stated that on this indicator,..

25.04.18 12:07 |

Bulgaria takes out 2 bn. euro external debt

Bulgaria’s Finance Ministry has announced that the country has taken out an external debt worth  close to 2 billion euro on the international markets, selling 7-year bonds worth 1 . 144 billion euro and 12-year bonds worth 850 million...

16.03.16 10:29 |
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