Bulgaria’s debt for 2024 amounts to BGN 48.846 billion (EUR 24 billion), or 24.1% of the country’s GDP, preliminary data from the National Statistical Institute (NSI) show. In 2023, the country's debt was BGN 42.383 billion (EUR 20.8 billion), or 23.1% of the country’s GDP.
In 2024, the General Government Sector reports a deficit of BGN 6.158 billion (EUR 3 billion), or 3% of GDP. The deficit in the Central Government subsector was BGN 5.277 billion (EUR 2.6 billion), or 2.6% of GDP. A year earlier, the General Government deficit was 1.9% of GDP, and the deficit of the Central Government was 1.8% of Bulgaria’s GDP.
The deficit in Local Government subsector amounts to BGN 810 million (EUR 405 million), while the Social Security subsector reports a deficit of BGN 71 million (EUR 35.5 million).
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Due to Bulgaria's accession to the eurozone, the international rating agencies Fitch Ratings and S&P Global Ratings have upgraded the country’s long-term foreign currency issuer default rating to ‘BBB+’ with a stable outlook , which is..
Italian investors have shown interest in the concession and development of Plovdiv Airport as a passenger and cargo terminal. This became clear during a meeting between Plovdiv District Governor Hristina Yancheva and the Ambassador of Italy to..
The municipality of Gabrovo has secured nearly 17 million leva in funding to develop an "innovation valley", local authorities have announced. The project..
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