Will Bulgaria Have a Stable Government After Yet Another Election in June? Our Readers Have Spoken
On our Facebook page, readers were asked about Bulgaria's stability after the June elections
Bulgaria’s government debt edged up to EUR 13.37 B last month, equivalent to 29.3% of Gross Domestic Product forecast for the year, according to figures released by the Finance Ministry on Thursday.
The government’s foreign debt totalled EUR 9.83 B and domestic debt amounted to EUR 3.54 B as at end-May, the Finance Ministry said in a monthly debt report.
Bulgaria’s government debt totalled EUR 13.34 B in nominal terms as at end-April 2016, with EUR 9.85 B in foreign debt and EUR 3.49 B in domestic debt.
Liabilities in euro made up 78.8% of total government debt as at end-May, 20.4% was denominated in Bulgarian levs, 0.6% in U.S. dollars and 0.3% in other currencies.
The government paid BGN 63.3 M on its debt in May.
The government-guaranteed debt totalled EUR 285.5 M as at end-May, equivalent to 0.6% of 2016 GDP forecast.
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