Bulgaria's Foreign Debt Soaring - Bulgarian National Bank

Business » FINANCE | October 1, 2021, Friday // 17:16
Bulgaria: Bulgaria's Foreign Debt Soaring - Bulgarian National Bank Novinite.com, archive

Bulgaria's gross external debt at the end of July 2021 was EUR 40.527 billion. This is 61.7% of the country's GDP, the Bulgarian National Bank announced. For a year, the debt has grown by almost 3 billion euros and includes both government and private sector liabilities.

Long-term liabilities - at the end of July amounted to over 34 billion euros and in one year have increased by 2.5 billion euros. The short-term repayment liabilities in the next 12 months are EUR 6.375 billion, or EUR 408 million more than a year earlier.
The government's external debt at the end of July was 8.354 billion euros, or 12.7% of the GDP. For one year, the increase is 2.164 billion euros, or 35%./BNR

 

We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!

Finance » Be a reporter: Write and send your article
Tags: Bulgaria, foreign debt, growth

Advertisement
Advertisement
Bulgaria news Novinite.com (Sofia News Agency - www.sofianewsagency.com) is unique with being a real time news provider in English that informs its readers about the latest Bulgarian news. The editorial staff also publishes a daily online newspaper "Sofia Morning News." Novinite.com (Sofia News Agency - www.sofianewsagency.com) and Sofia Morning News publish the latest economic, political and cultural news that take place in Bulgaria. Foreign media analysis on Bulgaria and World News in Brief are also part of the web site and the online newspaper. News Bulgaria