Send to Kindle
pixabay.com
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.
Finance Minister Temenuzhka Petkova outlined the reasons behind the projected rise in Bulgaria’s debt for next year, which is set to reach 10.5 billion euros
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
The European Commission has revised its outlook for the Bulgarian economy, projecting a slowdown in growth over the next few years
The Bulgarian National Bank plans to release a 2-euro commemorative coin titled “Bulgarian Alphabet” in the second half of 2026, highlighting one of the nation’s most significant cultural and spiritual symbols
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
Bulgaria's Strategic Role in the EU's Drone Wall Defense Initiative
When Politics Means Violence
