Text size

Public counter downtown Sofia tracks Bulgaria's growing state debt

published on 5/23/22 12:24 PM

Photo: BNR

A counter placed downtown Sofia monitors the country's public debt. The plate also counts the money that each family owes on average from the total amount. Values are in Bulgarian levs. The counter is at the crossroads between Tsar Osvoboditel Blvd. and Rakovski St., above the office of the economist and former Deputy Prime Minister Nikolay Vassilev.

The countdown started from BGN 31.09 billion of the country's debt (EUR 15.9 billion). The average amount per Bulgarian family is over BGN 15,500 (EUR 7,900).

Public or sovereign debt is all financial obligations of the state, both of the government and local authorities, which are covered by issued government bonds or international loans.

Последвайте ни и в Google News Showcase, за да научите най-важното от деня!

Radio Bulgaria News government public debt state debt

More from category

Rose oil production up by 10% in 2024

10,335 tons of roses have been produced in Bulgaria in 2024, almost 1,000 tons more than last year, the Consultative Council on Oil Bearing Roses says. There are almost 3,000 rose producers registered in the country, and 53 rose oil distilleries..

published on 10/4/24 9:59 AM

Market Links survey: 6 parties and coalitions enter future parliament

If the general elections were to be held at the beginning of October, 6 parties and coalitions would enter the Bulgarian parliament, a Market Links poll, commissioned by bTV shows. GERB/SDS would earn 23.1% of the votes, followed by We..

published on 10/4/24 9:52 AM

Dzheyhan Ibryamov’s wife Birshen declared a hunger strike until his release

Dzheyhan Ibryamov’s wife declares hunger strike

Charges of trading in influence are to be brought against Dzheyhan Ibryamov after decisions were made to strip him of his immunity from prosecution as member of parliament and as candidate for member of parliament in the upcoming election...

published on 10/4/24 8:53 AM