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%.
The 90th anniversary of BNR - Radio Varna will be celebrated with a concert tonight at 7pm at the Festival and Congress Centre in the port city of Varna. The show will feature the incredible BNR Big Band with conductor Strassimir Pavlov and..
Overnight and until midday on Monday, 9 December, the weather will be cloudy with showers, especially in the south-west. After midday, the rain will stop and the clouds will break up, but later there will be rain again, especially in the mountainous..
Hundreds of customers in Greece have reported fraudulent deliveries of parcels they never ordered. Upon investigation, the authorities discovered that the sender was a Bulgarian company based in Sofia. The scheme involves cracking the codes of customers..
The decision to scrap Schengen border checks by land for Bulgaria and Romania has been included as the first item on the agenda of the EU Justice and..
Pensioners whose monthly pension is below the poverty line of 526 leva (EUR 269) will receive a Christmas bonus of 100 leva (EUR 50), said caretaker..
Democratic Bulgaria has issued a position stating that an attempt must be made to form a government within the current parliament so as to avoid one..
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