see newsfinancial marketssouth east europesouth eastern europebusiness informationinvestmentsprivatizationcompany resultscompany profilesseebalkanssoutheastsouth-eastern
 
SeeNews - The Corporate Wire
SeeNews - Research & Profiles
advanced searchSearch
SeeNews TOP 100
Albania
Bosnia-Herzegovina
Bulgaria
Croatia
Macedonia
Moldova
Montenegro
Romania
Serbia
Slovenia
See Map
Belgrade
10°C
Bucharest
13°C
Chisinau
11°C
Ljubljana
7°C
Podgorica
10°C
Skopje
10°C
Sofia
13°C
Zagreb
15°C
Banja Luka
16°C
Burgas
14°C
Site Map
News
Top News
Latest News
Editor’s Choice
Readers’ Choice
By Type
By Topic
Back
see newsfinancial markets
south east europesouth eastern europe
Free Services
Newsletter
Alerts
RSSRSS
see newsfinancial markets
south east europesouth eastern europe
Loading AdSense...
business informationinvestments
codingopen
SeeNews
© Bulgarian National Bank

As of end-May 2008 gross external debt1 was EUR 30,987.1 million (94.4%of GDP2) and increased by EUR 2,863.4 million (10.2%) against the end of 2007 (EUR 28,123.7 million, 97.3% of GDP). This was mainly due to the increase of Direct Investment liabilities (EUR 1,459.8 million, 15.2%). By end-May 2008 long-term liabilities amounted to EUR 20,502.6 million (66.2% of total debt), and short-term liabilities came to EUR 10,484.5 million (33.8% of total debt).

General Government’s external debt amounted to EUR 2,673.5 million3 (8.1% of GDP) as of end-May 2008, decreasing by EUR 350.7 million (11.6%) against the end of December 2007. The decrease was mainly due to credit payments made to the World Bank ahead of schedule in March 2008.

External Debt (chart)

Banks’ external debt amounted to EUR 6,434.8 million (19.6% of GDP) increasing by EUR 687.3 million (12%) against the end of 2007. Other Sectors’ debt4 was EUR 10,836.9 million, increasing by EUR 1067 million (10.9%) relative to the end of 2007. As of end-May 2008 the stock of Direct Investment liabilities3 was EUR 11,042 million, increasing by EUR 1,459.8 million (15.2%) against the end of 2007.

In January – May 2008, gross external debt service was EUR 2,462.1 million (7.5% of GDP) against EUR 2,586.4 million (9% of GDP) for the same period in 2007.

In January – May 2008, loans and deposits received from non-residents came to EUR 3,841.6 million (11.7% of GDP) compared to EUR 3,223.7 million (11.2% of GDP) for the same period in 2007.

As of end-May 2008, net external debt was EUR 14,202 million (43.3% of GDP) and increased by EUR 3,105.2 million (28%) against the end of 2007 (EUR 11,096.9 million, 38.4% of GDP).

The document contains the following tables:

Gross External Debt, in EUR (table)

Gross External Debt Service, in EUR (table)

Disbursements (table)

*****

To view the original document and the attachments, please click on the links below:

http://reports.aiidatapro.com/BBC/Gross_External_Debt_May_2008.pdf

http://reports.aiidatapro.com/BBC/Gross_External_Debt_May_2008.xls

http://reports.aiidatapro.com/BBC/Gross_External_Debt_Service_May_2008.xls

http://reports.aiidatapro.com/BBC/Gross_External_Debt_Disbursements_May_2008.xls

*****

AII Data Processing does not endorse in any way, the views, opinions or recommendations expressed above. The use of the Information is subject to the terms and conditions as published by the original source, which you have to read and accept in full prior to the execution of any actions taken in reliance on Information contained herein.