Bulgaria is no longer in the top 3 EU countries with the lowest national debt
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Bulgaria has lost its place among the three countries in the European Union with the lowest national debt. Our country, which for many years stood out for having one of the most stable fiscal policies in the community, has slipped in these rankings.
According to the latest data, the reason for the change is linked to the planned increase in government borrowing. The government plans to take out new loans totaling 10.1 billion euros by the end of the current year.
Experts warn that if these plans for new loans are fully realized, Bulgaria could climb even higher on the list of countries with growing debt. This would mean a further retreat from our previous positions in European statistics.
Although the country's national debt remains below the critical levels set by European rules, the trend of its increase is being closely monitored by economists. Financial discipline is key to maintaining Bulgaria's economic stability in the long term.
Sources: Euronews Bulgaria
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