Bulgaria's Govt Debt Short of EUR 8 B End-2004

Published: 14 February 2005 y., Monday
Bulgaria's government and government-guaranteed debt stood at EUR 7.95 B at the end of December 2004, with foreign debt accounting for 82.8% of it, the finance ministry announced. General government debt has fallen with a nominal value of EUR 68.6 M month-upon-month, as the decline was further accelerated by the weaker US dollar and buy-backs of Brady bonds in 2004. The debt ratio stood at 40.9% of GDP at the end of 2004, from 80% in 2000. The debt slid by EUR 555,5 M in comparison with the same period the previous year.
Šaltinis: novinite.com
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Associated articles

The most popular articles

Forum on banks and business opens in Moscow

The international financial forum Banks and Business: Ways for Cooperation opened in Moscow today more »

Korea-Poland High-Tech Cooperation

South Korea and Poland agreed to increase exchanges and cooperation in the information and technology (IT) sector more »

LG mulls $110 mn Poland investment

Korea's LG Electronics is considering investing up to $110 million in its Polish television factory, daily Gazeta Wyborcza reported on Saturday more »

Ford and Getrag joint venture to build plant in Slovakia

Getrag Ford Transmissions, a joint venture between U.S. automaker Ford Motor Co. and Germany's Getrag Group, announced Thursday it plans to build a $400 million auto parts plant in eastern Slovakia more »

Finns active in shady construction business in Estonia

Half of Estonian companies under embargo by Finland’s construction union owned by Finns more »

Azerbaijan to pay IMF $64 mln in 2004

Azerbaijan will pay about $64 million in 2004 in debt on credits received from the International Finance Corporation more »

EU Weighs Euro's Rise Against Dollar

European Union finance ministers considered the ever-strengthening euro against the dollar Monday amid appeals for Washington to rein in its budget more »

Mine explosion kills 23 in Kazakhstan

Twenty-three people died and three others were injured Sunday in an explosion at a coal mine in the Karaganda region, officials said more »

Polish Low-Cost Carrier Grounds Flights

Air Polonia, Poland's low-cost airline, suspended all flights indefinitely on Sunday in a possible prelude to bankruptcy after an expected investor canceled plans to inject $10 million into the company, airline officials said more »

Roh Pledges to Expand Economic Ties, Investment in Poland

Poland's entry into the European Union is making the country an attractive "forward base" for South Korean companies to expand their business in Europe, South Korea's president said Friday more »