Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Bulgaria's debt is 20.4% of the country's GDP

The finalization of the fulfillment of the criteria for entering the exchange rate mechanism ERM II may be in the next few weeks, said Bulgaria's Finance Minister Vladislav Goranov. He is adamant that now is a good time for Bulgaria to take this step. 

According to experts, the agreed deadline is April 28, when Sofia must send its results to the European Central Bank. 
According to data from the National Statistical Institute in 2019, Bulgaria's debt for 2019 amounts to EUR 12.375 billion. This is 20.4% of the country's GDP. 
The state governance sector accounted for a budget surplus of EUR 1.268 billion, or 2.1% of GDP.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

January 3rd will be a non-school day for the entire country

By order of the Minister of Education and Science, Prof. Galin Tsokov, January 3, 2025, has been declared a non-school day for all schools in Bulgaria.  The teaching content of January 3rd will be restructured by teachers so that it does not affect..

published on 12/3/24 6:36 PM

Police detain 10 persons in large-scale operation against migrant trafficking

10 people from a criminal organization for migrant trafficking have been detained in a police operation in the Burgas region . Among those detained is the organizer of the group, who is 30 years old. The investigation against them continued for a year..

published on 12/3/24 6:15 PM

The weather continues cloudy with light rain showers

On Wednesday, the lowest temperatures will range from 0°C to 5°C, for Sofia 0°C. During the day, it will be mostly cloudy with fog in the plains. There will be light rain in some places. Daytime highs will be between 4°C and 9°C, around 6°C in the..

published on 12/3/24 5:20 PM