Fitch Ratings has revised the outlook on Bulgaria's long-term foreign-currency issuer default rating (IDR) to stable from positive and affirmed the rating at “BBB”, because of the coronavirus pandemic.
This is the rating agency’s first evaluation since the beginning of the pandemic. According to Fitch, this year Bulgaria’s GDP will drop from 3.2 % to minus 5.1 %, but will recover next year to reach an increase of 4.2%.
A festive concert of the Otets Paissii Performing Folk Ensemble will be held in Nessebar today, as the ensemble celebrates 70 years since its establishment. The formation is the oldest Bulgarian folklore ensemble in the USA at the..
The village of Delchevo is restoring the tradition of celebrating Midsummer's Day with a two-day program on June 21 and 22, the Gotse Delchev municipality announced. The events will begin on June 21 at 5:00 p.m. with a procession..
On Saturday , the lowest temperatures will be between 11 to 18°C. In Sofia – about 11°C. Sunny weather will prevail during the day. Before noon, there will be significant cloudiness over the central parts of Northern Bulgaria and..
The village of Delchevo is restoring the tradition of celebrating Midsummer's Day with a two-day program on June 21 and 22, the Gotse..
A festive concert of the Otets Paissii Performing Folk Ensemble will be held in Nessebar today, as the ensemble celebrates 70 years..
Partly Cloudy
Clear