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Bulgaria’s gross external debt increased by EUR 660 million within a month

Sofia. The gross external debt is EUR 36, 5 in the end of February 2009 as it has risen by EUR 60 million in comparison to the end of January, The Monitor daily reads today. Meanwhile, the debt decreases by EUR 231 million compared to the end of 2008 and increases by EUR 7,4 billion compared to February 2008., BNB data shows. In the end of February 2009 long term liabilities amount to EUR 23,4 billion and short-term ones – EUR 13,1 billion. The gross external debt of the ‘State management’ sector in the end of February 2009 is EUR 2,63 billion (7,2% of the gross domestic product /GDP/), as it declines by EUR 90,8 million in comparison to the end of 2008. The external debt of the ‘Banks’ sector reach EUR 8,77 billion, which is a fall of EUR 307,4 compared to the end of 2008, it grows by EUR 3,45 billion if compared to the end of February 2008.
The debt of ‘Other’ sectors amounts to EUR 12 billion, EUR 64,9 less than in the end of 2008. In comparison with the end of February 2008, the sector’s debt grows by EUR 2,26 billion. Intercompany crediting reached EUR 13,1 billion in the end of February 2009, which is a EUR 231 million increase compared to the end of 2008.




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