Bulgaria's External Debt Reaches €44.4 Billion: National Bank Report
Bulgaria's National Bank has disclosed the country's external debt figures, revealing a notable increase in gross foreign debt at the end of February 2024
Bulgarian enterprises with over 50% State stake have accrued total debt of BGN 9.9 B, according to Deputy Prime Minister, Daniela Bobeva.
Speaking Tuesday, at a conference dedicated to management of State-owned enterprises (with over 50% stake), Bobeva said that there were 249 such enterprises in the country with a net profit of BGN 220 M (with the exception of the Bulgarian Energy Holding, BEH) and a debt of 9 B, of which 5 B were short-term debt.
The Deputy PM announced that she has organized 2 months ago a work group for new legislation on State participation in the economy, stressing this initiative was part of the government's program to boost economic growth.
Bobeva explained that as the privatization of most of the State sector has concluded, the focus now should be better management of the remaining State enterprises as they form a significant part of the country's jobs and of the Gross Domestic Product, GDP.
Better management includes new ways to appoint Boards of Directors and a new dividend policy of the State.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
It's that time of year when the sun rises earlier, the days are warmer, and the desire for rest and adventure calls more and more often
The Kozloduy Nuclear Power Plant (NPP) in Bulgaria is set to embark on a significant transition as it begins the process of replacing Russian nuclear fuel with American fuel from Westinghouse
In a significant stride towards enhancing connectivity between Turkey and Bulgaria, the launch of direct flights between Istanbul and Sofia marks a milestone in air travel
As the clock ticks down to midnight tonight, Bulgarians are reminded that April 30th marks the final day for filing their 2023 personal income tax returns
Bulgaria's National Bank has disclosed the country's external debt figures, revealing a notable increase in gross foreign debt at the end of February 2024
In March, there was a significant uptick in Bulgarians traveling abroad, marking a 19.1% increase from the previous year, amounting to 679.1 thousand trips
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022