Bulgaria's Gross Foreign Debt Falls 4.3% y/y in April

Bulgaria's Gross Foreign Debt Falls 4.3% y/y in April

Bulgaria's gross foreign debt fell by an annual 4.3% to 32.9 billion euro ($38.1 billion) at the end of April, the central bank said on Thursday.
The gross foreign debt was equivalent to 61.3% of the projected 2018 gross domestic product (GDP), down from 68.1% of GDP at the end of April 2017, the Bulgarian National Bank said in a statement.
Month-on-month, Bulgaria's external debt decreased 1.2% at end-April.

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