At the end of January 2017, Bulgaria’s gross external debt stood at 34.4 billion euro (70.7 percent of the projected GDP) which means a drop by 195 million euro (0.6 percent) compared to the end of last year, the Bulgarian National Bank says.
However, on a year on year basis, the country's external debt has marked a 2.6 percent increase or 856.9 million euro, compared to January 2016.
The Bulgarian Ministry of Defense is requesting a postponement of one of the large payments under the contract for the second F-16 to 2028. Defense Minister Atanas Zapryanov said that this is necessary because Bulgaria will encounter difficulties in..
Great Britain has issued a special license on Friday that allows businesses to continue to work with two Bulgarian subsidiaries of sanctioned Russian oil company Lukoil, Reuters and BNR Horizont reported. The general license allows companies and banks to..
The leader of "We Continue the Change", Asen Vassilev, described the selection of Rumen Spetsov as a special manager at Lukoil as a "bad joke". "Rumen Spetsov was appointed to collect taxes, not to manage a refinery. There is a..
Bulgaria’s GDP is expected to grow 3% this year, the European Commission said in its Autumn Economic Forecast, as reported by BTA. The projection marks..
In 2026, Bulgaria will assume the presidency of the EU Strategy for the Danube Region for the second time. The symbolic handover of the presidency took..
The European Commission has approved 70 projects across the EU , worth more than €600 million , to support alternative fuels and reduce vehicle..
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