The Bulgarian Ministry of Finance has reported that Fitch rating agency has confirmed Bulgaria's long-term and short-term credit rating BBB in foreign and domestic currencies with stable prospects.
The agency recognizes that the country has sound external and public finances as well as a credible political framework for a step-by-step approach to the euro area. Bulgaria's economic growth in 2018 is expected to remain close to the one reported last year at 3.7%. The average annual inflation rate is projected to accelerate from 2.8% in 2018 to 3% in 2019.
Bulgaria’s Anti-Corruption Commission is investigating a large-scale property fraud and money laundering scheme connected to the 'Historical Park', which is associated with Ivelin Mihaylov, the leader of the Velichie party. Those arrested include the..
The ruling party and the opposition argued about the procedure for the Budget Committee meeting before the final vote on the 2006 budget . Assen Vassilev, chairman of the We Continue the Change party, attempted to block the committee’s extraordinary..
Employees in the agriculture and forestry sector staged a protest in front of the Parliament, demanding higher salaries for workers in departments that are secondary budget administrators. The protest was organized by the National Federation of..
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