Bulgaria Posts EU's Second Lowest Debt-to-GDP Ratio in Q1

Bulgaria Posts EU's Second Lowest Debt-to-GDP Ratio in Q1

Bulgaria had a government debt-to-GDP ratio of 21.2% at the end of the first quarter of 2019, the second lowest in the European Union, after Estonia, the bloc's statistical office Eurostat said.Romania's debt-to-GDP ratio of 34.1% was the sixth lowest among 28 EU member states at the end of March, Eurostat said in a statement on Friday. Among EU-28 Greece posted the highest government debt-to-GDP ratio of 181.9%.On a quarterly comparison basis, Slovenia and Bulgaria were among the EU member states with the highest decreases in their debt-to-GDP ratios, by 2.3 and 1.4 percentage points, respectively.

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