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NSI: Government debt reaches 25.1% of the GDP

The General Government sector reported a deficit of EUR 2.8 billion, or 4.1% of the country’s gross domestic product, preliminary data of the National Statistical Institute indicate. The deficit in Central Government amounted to EUR 3.3 billion, or 4.8%..

26.04.22 18:07 |

Government debt interest more than doubles

A new EUR 250 million government debt was assumed on 21 March, at average annual yields of 1.33%, the Bulgarian Ministry of Finance has announced. Securities maturing on 24 May, 2029 were sold at the auction. Bonds with the same 7.5-year..

22.03.22 14:12 |

Bulgaria’s government debt continues to increase

Bulgaria continues to borrow loans on the domestic market – from local banks, pension companies and other corporate investors. On November 22, the Bulgarian National Bank held an auction for the sale of government bonds amounting to EUR..

23.11.21 15:30 |

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 |

Bulgaria increases government debt to 19.84 billion euros due to Covid-19 crisis

Bulgaria's government debt will increase to BGN 38.8 billion /EUR 19.84/ by the end of 2023. This is written in the draft of the debt management strategy of Bulgaria, published on the website of the Ministry of Finance, BNR reports. In the period..

22.10.20 13:02 |

Bulgaria’s Ministry of Finance is planning balanced budget for 2020

The government debt in 2020 can not exceed EUR 1.124 billion, the 2020 draft budget published on the web site of the Bulgarian Ministry of Finance shows, the Bulgarian National Radio informs. For the first time in many years, the budget is..

25.10.19 18:36 |

In 2018 Bulgaria’s government debt was 22.6% of the GDP

According to preliminary data of the National Statistical Institute, in 2018 Bulgaria’s government debt registered a budget surplus of EUR 1,099 million, or 2.0% of this country’s gross domestic product. The government debt amounted to EUR 12,496..

23.04.19 12:47 |

Bulgaria’s government debt remains among lowest in EU

During the second quarter of the year, the government debt across the EU has gone down as a percentage of the GDP, according to a Eurostat report.   At the close of the second quarter, the debt of the 28 EU members dropped to 84.3 percent of the..

24.10.16 13:52 |
Vladislav Goranov

No new debt for 2017 budget envisaged

Bulgarian Finance Minister Vladislav Goranov commented on the fact that Bulgarian banks passed the stress tests, stating that figures show that the government debt ceiling for 2017 will be zero. “People have no cause to worry about their savings...

17.08.16 14:39 |
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