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The withdrawn debt of 6 billion leva will not affect Bulgaria's credit rating

Increased credit rating and more investments: The benefits for our country from membership in the eurozone

Jul 20, 2025 15:43 244

The withdrawn debt of 6 billion leva will not affect Bulgaria's credit rating  - 1

The Minister of Finance responded to the criticism of the Vice President regarding the country's state debt. According to Iliana Yotova, the newly withdrawn debt of over 6 billion leva is a prerequisite for reducing Bulgaria's credit rating. However, Temenuzhka Petkova reassured that our admission to the eurozone is a sign of stability, pointed out "Nova TV".

"Bulgaria has the second lowest debt within the EU. So what happened that day was an extremely successful issue. Its value is within the framework of the State Budget Act. The issue we received is under conditions that are extremely favorable and this is mainly due to our membership in the eurozone," the Finance Minister was categorical.

Petkova emphasized that there are no prerequisites for the debt withdrawn to affect our country's credit rating. On the contrary - it would go up. "And a clear sign of this was given by the credit agencies that rate us," the Minister emphasized.