Misinformation Surrounding Croatia's Inflation Stirs Eurozone Concerns in Bulgaria
A wave of misinformation regarding Croatia's inflation rates has sparked concerns about the potential consequences of adopting the euro in Bulgaria
Bulgaria’s debt for 2017 amounted to BGN 25,908 million, or 25.6% of GDP. According to the final data of the National Statistical Institute, the General Government Institutional Sector reported in 2017 a budget surplus of BGN 1,145 million, or 1.1% of GDP, reports Focus News Agency.
The surplus in the Central Government sub-sector amounted to BGN 969 million, or 1.0% of GDP. The Local Government sub-sector reported a surplus of BGN 239 million and the Social Security Funds sub-sector reported a deficit of BGN 63 million.
The statistical information on the General Government institutional sector, including debt, deficit and surplus, is prepared according to a harmonised EU methodology. Each member state provides Eurostat with preliminary data on deficit/surplus and debt for the reported year by 31 March of the following year, and final data by 30 September of the following year.
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A wave of misinformation regarding Croatia's inflation rates has sparked concerns about the potential consequences of adopting the euro in Bulgaria
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