Bulgaria's Banks’ External Debt Totalled 15.2 Percent Of GDP

Businessn.a. ♦ Published: August 26, 2013; 12:18 ♦ (Vindobona)

Bulgaria's banks’ external debt totalled EUR 6,219.8 million (15.2% of GDP). It declined by EUR 234.8 million (3.6%) from end-2012 (EUR 6,454.7 million, 16.3% of GDP), and increased by EUR 280.6 million (4.7%) year-on-year (from EUR 5,939.2 million).

Bulgaria's Banks’ External Debt Totalled 15.2 Percent Of GDP / Picture: © Vindobona.org

Other Sectors’ external debt equalled EUR 11,955.2 million (29.2% of GDP). It decreased by EUR 184.7 million (1.5%) from end-2012, and by EUR 256.4 million (2.1%) on a year-on-year basis (from EUR 12,211.5 million). The stock of intercompany lending  amounted to EUR 16,174.2 million (39.4% of GDP) at end-June 2013, growing by EUR 550.9 million (3.5%) from end-2012 (EUR 15,623.2…