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

Iliana Kirilova

Arrested police chief in Petrich accused of leading a criminal group

The chief of police in Petrich and two other police officers, arrested two days ago, are accused of participating in a criminal group. This was announced by Sofia city prosecutor Iliana Kirilova, BTA reported.  According to Kirilova, the detained..

published on 11/6/24 5:36 PM

Dzheyhan Ibryamov released from custody to take oath as MP

The Sofia City Prosecutor's Office has announced the release of Dzheyhan Ibryamov. He will be released from custody tomorrow, November 7, and the investigation against him on charges of influence peddling will be suspended at the moment he takes the..

published on 11/6/24 4:57 PM

Energy Minister learned about sale of Lukoil Neftohim Burgas from the media

Acting Energy Minister Vladimir Malinov told a briefing that neither he nor the Energy Ministry had any information about the sale of Lukoil Neftohim Burgas . Yesterday, the Financial Times, citing its own sources, reported that Russian energy giant..

published on 11/6/24 3:53 PM