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Bulgaria: Moderate Increase in External Debt
Markets ♦
Published: December 27, 2012; 22:11 ♦ (Vindobona)
The gross external debt1 amounted to € 36,668.7m (92.8% of GDP2) at end-October 2012 increasing by EUR 823.2m (2.3%) from end-2011 (EUR 35,845.5m, 93.1% of GDP).
Bulgaria: Moderate Increase in External Debt / Picture: © Vindobona.org
On a year-on-year basis it increased by € 496.4m (1.4%) (from € 36,172.2m). The long-term liabilities amounted to € 26,999.8m (73.6% of the total debt, 68.3% of GDP) at end-October 2012, and short-term liabilities equalled € 9,668.9m (26.4% of the total debt, 24.5% of GDP).
General Government’s gross external debt totalled € 3,412.9m3 (8.6% of GDP) in October 2012. It…
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