Macedonia’s foreign debt in H1 2014 was 5.7 billion euro

Written by on October 2, 2014 in Europe - Comments Off on Macedonia’s foreign debt in H1 2014 was 5.7 billion euro

Macedonian National Bank said on October 2 that foreign debt in the first six months of 2014 was 5.7 billion euro or 71.66 per cent of GDP.

According to the Bank, this debt has mainly increased as a result of the loans taken by the government from international financial institutions.

But, the governor of the Bank, Dimitar Bogov, says that the level of foreign debt is not worrying.

For the full story, please click here.

(Photo: aljabak)

Comments

comments

About the Author