Bulgarian Among The Three Least Indebted Eu Countries

Bulgaria is among the three least indebted countries in the European union.Currently the public debt is around 15%.This said the deputy chairman of the Committee on budget and finances in the Bulgarian parliament Milen Velchev. He gave a lecture to university students.In his lecture Velchev explained that nobody could determine when the end of this process would be.According to him, however, the coming of the crisis was logical since in the last years there had been significant upbeat of the economies of the countries throughout the world."And the bigger the upbeat, the steeper the falling down", said Velchev.The reasonable policy in the last years is one of the reasons, according to Velchev, for Bulgaria to feel the crisis relatively lightly.