The government debt of the country has gone up by 22.5% or 2.72 billion euro in the space of one year.
The debt of the Central Government subsector by the end of February 2021 amounted to 14.8 billion euro, and now accounts for 23.2% of the country’s GDP compared to 18.6% last year, the Ministry of Finance has announced.
The increase in the government debt is due to the issue of bonds worth 2.5 billion euro on the international markets in September last year. At the end of February, 2021 the external government debt amounted to 11.76 billion euro, and internet debt – 3 billion euro.
The residential real estate market in Sofia in the second quarter of 2024 remains stable and active. Despite forecasts for a possible lull, the trends show a rise in prices and a significant increase in demand. This is shown by an analysis of one..
Sofia is the best city in Europe to retire to, according to a survey by the business solutions company Moneypenny, Forbes writes. The survey takes into account factors such as average cost of living, retirement savings needed, and a variety of..
The Bulgarian National Bank has lowered the base interest rate for the second consecutive month. As of August 1, it stands at 3.53%, down from 3.63% in July. Since the end of 2023, the base interest rate has been gradually falling. From February..
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