At the end of October, Bulgaria's gross external debt amounted to EUR 37.326 billion, or 65.8% of the country's GDP. The debt increased by EUR 2.148 billion or 6.1% as compared to the end of 2019, the Bulgarian National Bank announced. Intercompany lending rose by EUR 1.12 billion as compared to the end of 2019 to EUR 14.968 billion.
The debt of “General Government” sector amounted to EUR 7.47 billion. It increased by EUR 2.043 billion or 37.6% as compared to the end of 2019 which is due to the new government bonds issued on the international markets.
Banks’ External debt decreased by EUR 999.1 million compared to the end of 2019 and amounted to EUR 3.902 billion.
In the space of 15 years, from 2005 until 2020, 75% of the farms in the country have disappeared – from 500,000 in 2005 down to 132,000 in 2020, said Prof. Dr. Bozhidar Ivanov, Director of the Institute of Agrarian Economics at an international..
In October 2024, the total business climate indicator decreased by 5.6 percentage points compared to September, dropping from 22.5% to 16.9%. The index declined in all monitored sectors, the National Statistical Institute announced. In industry, the..
Petar Ganev , senior researcher at the Institute for Market Economics announced, for the BNR, the publication of their white paper of the Bulgarian economy – Unlocking growth: the road ahead after the election. “Concord should be sought and..
We are moving towards the option of not having a quickly adopted budget for 2025, Lachezar Bogdanov, chief economist from the Institute..
Bilateral relations between Bulgaria and Argentina have received a new impetus for development following the visit of an Argentine delegation from the..
If the political crisis continues, the lost benefits will reach a threshold after which the Bulgarian business will begin to lose competitiveness due to..
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