Bulgaria’s gross external debt decreased by €72.7m MoM to €37.05bn (89.7% of 2013 GDPe*) at the end of February 2013 from €37.12bn (89.8% of 2013 GDP) at the end of January. The gross external debt of the government sector was down by €72.5m to €2.99bn (7.2% of GDP). The gross external debt of the banking sector was lower by €24.4m MoM to €6.29bn (15.2% of GDP). The gross external debt of other sectors increased by €13.2m MoM to €12.10bn (29.3% of GDP). Foreign investments in the form of intercompany loans were up by €11m MoM to €15.66bn (37.9% of GDP). *2013 GDP of €41 319 (BNB estimate)