The Minister of Finance Temenuzhka Petkova categorically rejected concerns about the potential negative impact of the newly drawn state debt on Bulgaria's financial reputation. In an official statement, she emphasized that the emission was carried out under extremely favorable conditions and fully complies with legal provisions.
According to the official position of the financial department, our country has the second lowest state debt among European Union member states. Minister Petkova highlighted that eurozone membership is a key factor for Bulgaria's successful market positioning in international financial markets.
The financial minister's statement came as a direct response to critical remarks by Vice President Iliana Yotova, who expressed concerns about the potential deterioration of the credit rating due to the new debt of over 6 billion levs.
Petkova emphasized that credit agencies have given a clear signal of a positive assessment of the country's financial stability. "The emission we received is under extremely favorable conditions," she said, adding that expectations are for an increase, not a decrease in the credit rating.
Experts from the Ministry of Finance point out that the newly drawn debt is within the approved state budget and does not pose a risk to Bulgaria's economic security. They emphasize that eurozone membership provides additional guarantees for financial stability and investor confidence.
The government's official position is that the country continues to pursue a conservative and cautious financial policy aimed at maintaining macroeconomic stability and attracting foreign investments.