Bulgaria's gross external debt at the end of 2014 was at EUR 39.55 billion (94.3% of the GDP), which is EUR 2.63 billion (7.1%) higher compared to the end of 2013, the Bulgarian National Bank announced by BNB.
This growth is due to the increase in public debt. The gross external debt of the government in late December surpassed EUR 6 billion (14.4% of GDP), which was an EUR 2.621 billion (76.8%) increase.
The current EUR 8 billion debt which the NAtional Assembly approved last week is going to further deteriorate Bulgara'sdebt situation, which is nevertheless still one of the least indebted Euopean countries.
Копирано от standartnews.comBulgaria's gross external debt at the end of 2014 was at EUR 39.55 billion (94.3% of the GDP), which is EUR 2.63 billion (7.1%) higher compared to the end of 2013, the Bulgarian National Bank announced by BNB.
This growth is due to the increase in public debt. The gross external debt of the government in late December surpassed EUR 6 billion (14.4% of GDP), which was an EUR 2.621 billion (76.8%) increase.
The current EUR 8 billion debt which the NAtional Assembly approved last week is going to further deteriorate Bulgara'sdebt situation, which is nevertheless still one of the least indebted Euopean countries.
