Bulgaria's Net External Debt reaches 36% of GDP in end-October

28.12.2007 Source: Profit.bg

As of end of October 2007, the nation's Gross External Debt (GXD) reached EUR 25.5bn (95.6% of GDPe), which is EUR 5.4bn (27% YtD) up against the end of 2006, according to statistics released by Bulgarian National Bank. By end-October 2007 long-term debt amounted to EUR 17.4bn (68.2% of total debt), and short-term liabilities to EUR 8.1bn (31.8% of total debt). As of end-October 2007, Net External Debt stood at EUR 9.6bn (36.1% of GDPe) which is EUR 3.68bn increase since the beginning of the year.