Send to Kindle
Bulgaria's gross external debt is down by EUR 1.092 B in January 2011 compared with January 2010, fresh data of the Bulgarian National Bank shows.
As of end-January 2011, Bulgaria's gross external debt1 was EUR 36.318 B (96.3% of GDP2), which is EUR 361.2 M less than in December 2010 (EUR 36.679 M, 101.8% of GDP). In end-January 2010, Bulgaria had a gross external debt of EUR 37. 411 B.
As of end-January 2011 long-term liabilities amounted to EUR 25.044 B (69% of total debt), and short-term liabilities came to EUR 11.274 B (31% of total debt).
Bulgarian government's external debt was EUR 2.722 B (7.2% of GDP) as of end-January 2011. It decreased by EUR 150.9 M compared with the end of 2010. Compared to end-January 2010 (EUR 2.880 B) the sector's debt decreased by EUR 158.3 M.
Bulgarian Banks' external debt was EUR 6.659 B (17.7% of GDP). It decreased by EUR 202.7 M (3%) against the end of 2010. Compared to end-January 2010 (EUR 7.893 M) the sector's debt decreased by EUR 1.233 M.
Other Sectors' debt was EUR 12.106 B. It decreased by EUR 90.4 M compared with the end of 2010. Compared to end-January 2010 (EUR 12.013 B) the sector's debt increased by EUR 93.2 M.
As of end-January 2011, the stock of intercompany lending was EUR 14.831 B, which was EUR 82.8 M (0.6%) more against the end of 2010. Compared to end-January 2010 (EUR 14.625 B) the sector's debt increased by EUR 205.7 M.
In January 2011, gross external debt service was EUR 540.5 million (1.4% of GDP) against EUR 966.9 million (2.7% of GDP) for the same period in 2010.4
In January 2011, loans and deposits received from non-residents were EUR 288.4 M (0.8% of GDP) against EUR 346.7 M (1% of GDP) for the same period in 2010. In the reporting period general government received EUR 6.6 M (2.3%), banks received EUR 58.8 M (20.4%), other sectors - EUR 24.2 M (8.4%), and EUR 198.9 M (68.9%) were the newly disbursed intercompany lending.
As of end-January 2011, Bulgaria's net external debt was EUR 18.400 B. It increased by EUR 63.2 M (0.3%) against the end of 2010 (EUR 18.336 B).
As of end-January 2011, as a percent of GDP it amounted to 48.8%, decreasing by 2.1 p.p. compared to end-2010 (50.9%). As of January 31, 2011 gross external assets were EUR 17.918 B against EUR 18.342 M as of end-December 2010.
As of end-January 2010 net external debt was EUR 19.633.9 million or 54.5% of GDP.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
In its latest macroeconomic forecast released on Tuesday, the Bulgarian National Bank (BNB) anticipates a 2.2% increase in Bulgaria's Gross Domestic Product (GDP) for the year 2024, compared to 1.8% in 2023
Bulgaria is grappling with a sharp increase in counterfeit currency, with the Bulgarian National Bank (BNB) reporting a concerning surge in fake banknotes, particularly those of 100 BGN denominations
In a recent announcement, the Bulgarian National Bank has confirmed that the base interest rate for February will stand at 3.79%, maintaining the status quo from January. This decision follows a marginal reduction of 0.01% made in December 2023
Bulgaria's economic landscape saw the gross external debt ascend to EUR 44,402.6 million by the end of November 2023
Bulgaria has secured the second spot in the European Union for maintaining the lowest external debt relative to GDP, based on Eurostat data from the end of the third quarter of the previous year
Bulgaria's Gross External Debt stood at approximately EUR 42,410 million by the end of October 2023, marking a 3.7% decrease from the same period in 2022, according to data released by the Bulgarian National Bank (BNB)
Amidst discussions about Bulgaria's journey towards joining the Eurozone, Deputy Governor of the Bulgarian National Bank (BNB), Petar Chobanov, highlighted the robustness of Bulgaria's banking system, stating it aligns closely with Eurozone standards
In a recent interview with BTA, Kristalina Georgieva, Managing Director of the IMF, emphasized the importance for Bulgaria to seize the opportunity to adopt the euro, stressing that it is achievable with the right political will
In its latest macroeconomic forecast released on Tuesday, the Bulgarian National Bank (BNB) anticipates a 2.2% increase in Bulgaria's Gross Domestic Product (GDP) for the year 2024, compared to 1.8% in 2023
As Bulgaria inches closer to potential entry into the Eurozone, a closer examination of the nation's banknote circulation provides valuable insights into its monetary landscape
In a recent report by the National Statistical Institute, Bulgaria's annual inflation rate for March witnessed a notable deceleration, settling at 3% compared to the previous month's figure of 3.0%
As Bulgaria grapples with a deepening political crisis and the looming specter of early elections, the economic ramifications are starkly evident
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022
