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Global debt has grown to a record $ 233 trillion in the third quarter of 2017. That's $ 16 trillion more than at the end of 2016, according to an analysis by the Institute of International Finance, quoted by the Bulgarian National Radio.
The private non-financial sector has a record maximum of its liabilities in Canada, France, Hong Kong, South Korea, Switzerland and Turkey. At the same time, however, the debt-to-GDP ratio has fallen by three percent in fourth consecutive quarter.
Bulgaria’s first budget in euros has sparked strong criticism from economists and opposition politicians, who describe it as the worst financial plan in more than twenty-five years
Bulgaria unveils historic 51.4 billion euros budget amid concerns over rising debt and taxes
Bulgaria remains one of the European Union members with the lowest government debt relative to GDP, yet it also recorded one of the steepest increases in recent quarters
UN Secretary-General Antonio Guterres said on Tuesday that the global initiatives proposed by China are totally compatible with the United Nations Charter
Bulgaria continues to top the European Union in terms of the lowest government debt relative to gross domestic product
At a recent press briefing following Bulgaria's latest issuance of foreign debt, Finance Minister Temenuzhka Petkova avoided the term “debt” altogether
The number of Bulgarians holding over 1 million leva (half a million euros) in bank accounts continues to rise, according to recent data from the Bulgarian National Bank
The official website dedicated to Bulgaria’s transition to the euro, evroto.bg, has published the full set of information materials used during the national awareness campaign
Economist Dimitar Sabev, from the Institute for Economic Research at the Bulgarian Academy of Sciences, has assessed the draft budget and broader economic situation in Bulgaria
As Bulgaria prepares to join the eurozone, many people who have been collecting coins from daily change may be wondering what to do with their small change
Economist Georgi Ganev has warned that Bulgaria’s forthcoming budget is likely to leave the country poorer than it could be, emphasizing that the process lacks genuine dialogue
From January 1, 2026, Bulgaria will officially become part of the eurozone, and the Bulgarian National Bank (BNB) will join the Eurosystem's joint production pool for euro banknotes
Bulgaria's Strategic Role in the EU's Drone Wall Defense Initiative
When Politics Means Violence
