Bulgaria Takes on New Foreign Debt
Bulgaria has taken on new state debt amounting to 4 billion leva
Bulgaria's national debt decreased by EUR 55,6 m in February 2009 month-on-month, the Finance Ministry reported.
Thus, at the end of February, the state debt was EUR 4,813 B. The amount of the domestic debt is EUR 1,43 B, and that of the foreign - EUR 3,38 EUR. The ration between the debt and the Gross Domestic Product has decreased by 0,2% for the same period to 12,8% of GDP.
Bulgaria paid BGN 169,3 M of its debt in February (domestic - BGN 150,9 M, and foreign - BGN 18,3 M). State securities for BGN 60 M were issued.
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