Bulgaria’s gross external debt up EUR 94.2m MoM to EUR 34.2bn as of end-May 2017

Bulgaria’s gross external debt increased by EUR 94.2m MoM to EUR 34.2bn as of end-May 2017 (69.2% of the 2017 exp. GDP*). The gross external debt of the government sector declined by EUR 70.4m MoM to EUR 6.4bn (13.0% of the GDP). The gross external debt of the banking sector added EUR 285.9m MoM to EUR 4.4bn (9.0% of the GDP). The gross external debt of the other sectors decreased by EUR 48.4m MoM to EUR 11.2bn (22.7% of the GDP), and the foreign investments in the form of intercompany loans dropped by EUR 72.7m MoM to EUR 12.1bn (24.5% of the GDP). *2017e GDP of EUR 48.704bn