Hotel Industry in Sunny Beach Seeks Foreign Workers Amid Staffing Crisis
As the summer season approaches, preparations on Bulgaria’s Southern Black Sea Coast are in full swing
Bulgaria's State Debt Rose by BGN 1 B in June
- Tweet
Send to Kindle
File photo.
Bulgaria's state debt as of end of June 2014 has reached EUR 8.11 B, shows the monthly state debt bulletin of the Finance Ministry.
Just within a month (June) it increased by nearly BGN 1 B (EUR 489.2 M).
The main reason for this was the extraordinary floating of state obligations worth BGN 1.228 to provide liquidity to the country's banking sector.
The internal debt in June has reached EUR 4.1292 B (in May it was EUR 3.6323). The foreign debt in June was EUR 3.9867 B (in May it was EUR 3.9944 B).
According to the Finance Ministry as of end of June the state debt was 19.7% of the country's GDP.
Related Articles:
ECB President Christine Lagarde Reaffirms Support for Bulgaria's Eurozone Accession
During a recent hearing at the Committee on Economic and Monetary Affairs (ECON), MEP Tsvetelina Penkova raised the issue of Bulgaria’s accession to the euro area and sought clarity on how the European Central Bank (ECB) plans to support the country in th
President Radev: Bulgaria Can Strengthen Strategic Ties with Japan in Eastern Europe
President Rumen Radev met with representatives from the Japan-Bulgarian Business Association (JBBA) to discuss strengthening bilateral ties between Bulgaria and Japan
Bulgaria’s Revival Party Calls for Vote of No Confidence Over Russia Policy
The pro-Russian party "Revival" has submitted a vote of no confidence against the government of Rosen Zhelyazkov, citing what they describe as systemic failures in Bulgaria's foreign policy
Politics | March 24, 2025, Monday // 10:10
Bulgaria's Finance Minister Defends 2025 Budget and Addresses State Stores Initiative
Finance Minister Temenuzhka Petkova discussed the recently adopted 2025 national budget, emphasizing that it was a step toward stabilizing Bulgaria's public finances
Politics | March 24, 2025, Monday // 10:00
Lottery Scandal in Bulgaria: Impossible Number Drawn, Management Dismissed (VIDEO)
During the latest draw of the Bulgarian Sports Totalizator’s (BST) "5 out of 35" game, an unprecedented mistake occurred when a ball with the number 41 was drawn
Sports | March 24, 2025, Monday // 08:43
Vegetables and Bread Lead the Price Hikes in Bulgaria’s Food Market
In recent years, food prices in Bulgaria have become a key issue in both public and political discussions
Bulgaria's Steps Toward Euro Adoption Gain Support from Eurogroup and ECB
Eurozone nations have expressed their support for Bulgaria’s progress toward adopting the euro
Bulgarian Parliament Finally Approved 2025 Budget After Lengthy Debate
After an extensive session in the Bulgarian National Assembly, MPs approved the state budget for 2025 following a lengthy debate and multiple votes
Bulgaria Meets All Criteria for Eurozone Accession, Says National Bank Governor
Bulgaria is fully meeting all nominal criteria required for joining the eurozone
Euro Adoption in Bulgaria Won’t Affect Loan Conditions
The introduction of the euro in Bulgaria will not lead to changes in loan or deposit interest rates
Bulgaria’s Economic Growth Outpaces Expectations, Inflation to Determine Eurozone Path
In the fourth quarter of 2024, Bulgaria's economy showed a stronger performance than anticipated
