At the end of March 2020, Bulgaria’s gross external debt stood at EUR 33,495 billion, or 51.5% of the country’s gross domestic product. The gross foreign debt decreased by 1.7% (EUR 576 million) as compared to the end of 2019. Bulgaria’s foreign debt decreased by 2.2% (EUR 738.3 million) as compared to the end of March 2019, the Bulgarian National Bank announced. The long-term debt fell 0.8% to EUR 25,705 billion as compared to March 2019. Bulgaria's long-term debt accounts for 76.7% of the gross external debt and 39.5% of the GDP.
President Rumen Radev called for the processes of modernization of the navy to continue. On board the frigate Drazki in the Black Sea, the president, the Deputy Minister of Defence Radostin Iliev and the commander of the Bulgarian navy rear admiral..
"It is important for us to stand firm and instill confidence in our European partners, and this frequent change of governments, frequent elections, does not send a good signal", Commissioner for Innovation, Research, Culture, Education and Youth..
President Rumen Radev is to hand the second governing-forming mandate next week. ''I expect We Continue the Change - Democratic Bulgaria (PP-DB) to clearly state whether they will be an opposition or will seek support for forming a government'',..
The largest archaeological campaign ever conducted on Perperikon has begun, BTA reports. Prof. Nikolay Ovcharov, head of the research at..
After 17 MPs from the Movement for Rights and Freedoms, MRF, were expelled, among them the party’s other co-chair Dzevdet Chakarov, MRF MP Ahmed..
Greece’s Minister of Defence Nikos Dendias announced that Greece, Bulgaria and Romania are to establish a military mobility corridor in NATO’s Eastern..
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