SOFIA (Reuters) – Bulgaria plans to raise 7.3 billion levs ($4.23 bln) in new debt this year to finance its fiscal shortfall and roll-over a maturing Eurobond, Finance Minister Assen Vassilev said on Friday.
“We would need 3 billion levs to pay maturing debt and some 4.3 billion levs to finance the fiscal deficit. Some of it will be raised on global markets,” Vassilev told reporters and declined further details.
(Reporting by Tsvetelia Tsolova; Editing by Alex Richardson)
