Bulgaria's Cardiovascular Crisis: Deputy PM Urges Action
Bulgaria is grappling with a staggering burden of cardiovascular diseases, with more than 6 million new cases and over 1.8 million deaths reported annually
HOT: » Assessing the Legacy of Bulgaria's "Denkov" Cabinet: Achievements, Failures, and What Comes Next
The debt of Bulgaria amounted to BGN 14.733 B last year, as the latest statistics show.
The account deficit in 2013 was BGN 1.178 B, or 1.5% of the country's economy, according to data by the National Statistical Institute (NSI) cited by Expert.bg and confirmed by Eurostat.
NSI numbers also show that have been accumulated in the budget's Central Governance (BGN 1.42 B) and Insurance Funds (BGN 81 M) subsectors, whereas the Local Governance subsector has registered a surplus of BGN 327 M.
According to the fresh data, Bulgaria ranked as the EU country with the second-lowest GDP in 2013, lagging only behind Estonia, which had a debt amounting to 10% the size of its economy.
The country was also among those with lowest current account deficit. Luxemburg, on the other hand, was the only state with a budget surplus.
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In order to protect the economic interests of consumers, there will be a period of double labeling of the prices of goods and services - in leva and in euros
As Bulgaria inches closer to joining the Eurozone, concerns arise over the implementation of rounded prices in euros, potentially impacting citizens' wallets upon adoption of the single currency
On a briefing held at the National Press Club of BTA, Nikola Ilchev, the creator and organizer of the Balkan eCommerce Summit, showed projections indicating a significant rise in Bulgaria's e-commerce sector
The Ministry of Finance in Bulgaria has revealed that the process to facilitate the exchange of levs with euros in the country will come with a hefty price tag, estimated to be at least BGN 500 million
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