Bulgaria’s Budget Deficit Hits 3.4 Billion Leva by Mid-2025, Revenues Fall Behind
By the end of June 2025, Bulgaria’s budget deficit reached 3.4 billion leva, equivalent to 1.5% of the country’s GDP, according to the Ministry of Finance
Bulgaria's Govt Took BGN 600 M Schuldschein Loan through German Banks
- Tweet
Send to Kindle
Bulgaria's Finance Ministry building, photo by vesti.bg
Bulgaria's government took out a Schulschein loan of BGN 600 M with the intermediation of German banks Deutsche Bank and Raiffeisen Bank International on December 11.
The loan stands at around BGN 600 M, despite the fact that Bulgaria's government was hoping for a loan of BGN 700 M, according to reports of Pressa daily.
With the new loan, the debt of BGN 3 B set during the 2013 budget update procedure has almost been reached, while the fiscal reserve is slightly above the minimum, at BGN 4.695 B. The law requires it to amount to BGN 4.5 B at the end of 2013.
The loan is denominated in Euro and is regulated by German law.
Pressa daily informs that Bulgaria's Finance Ministry has not disclosed the interest rate.
Related Articles:
BSP Will Not Return Mandate to Radev until Budget Is Updated
Socialists leader Kornelia Ninova acknowledged that apparently BSP doesn’t have the support of the protest parties for cabinet formation, but will retain the mandate until the MPs update the budget.
Bulgais's Finance Ministry Plans Bufget Deficit of Three Percent in 2022
The Finance Ministry is planning the budget deficit to drop to 3 per cent in 2022 and 2.
President Radev Urged Parliament to Update Budget
Parliament must do its job and update the budget, President Rumen Radev urged at a working meeting with the caretaker cabinet to discuss the Covid situation.
Business | August 6, 2021, Friday // 16:00
Bulgaria: Finance Ministry Ready with Budget Update
Bulgarian Finance Ministry is ready with a draft budget update, which will be submitted when a working parliament is formed.
Bulgarian Finance Ministry Publishes Extensive List of US Sanctions’ Possible Targets
The Bulgarian Finance Ministry on Tuesday published a longlist of the persons who fall, or could potentially fall, within the scope of sanctions imposed by the Office of Foreign Assets Control (OFAC) with the US Department of the Treasury.
Bulgaria’s Q4 GDP Growth Slows to 2.9 Percent Amid Rising Imports
In the final quarter of 2025, Bulgaria’s economy showed signs of slowing, with gross domestic product (GDP) rising by 2.9 percent year-on-year, down from 3.1 percent in the same period of 2024.
Bulgaria’s Euro Transition Adds 0.3-0.4% to Inflation, Says BNB Governor
The introduction of the euro in Bulgaria is unfolding in line with expectations, according to Bulgarian National Bank Governor Dimitar Radev, who spoke at an economic forum in Sofia hosted by The Economist magazine.
Bulgaria Sees Clear Deceleration in Inflation, Officials Report Stable Market
Bulgaria’s National Statistical Institute (NSI) has reported a visible deceleration in inflation, according to the latest Consumer Price Index, calculated on the basis of more than 40,000 price observations covering around 8,000 goods and services
How to Identify a Counterfeit Euro Banknote
Detecting a fake euro note does not require specialized tools or microscopes. By carefully examining, feeling, and tilting the banknote, you can verify its authenticity.
Bulgaria Nears Completion of Leva Withdrawal as 81% Taken Out of Circulation
As of February 6, 2026, Bulgaria continues to make steady progress in withdrawing the national currency, the leva, from circulation.
Bulgarian Central Bank Reports New 10-Year Government Debt Issue Worth €150 Million
Bulgaria has taken on new debt amounting to 150 million euros through the issuance of government securities, according to results published on the Bulgarian National Bank (BNB) website.
