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%.
On December 11 and 12, President Rumen Radev continues consultations with parliamentary groups in the 51st National Assembly before the first exploratory mandate for forming a government is handed out. Today, President Radev will meet with..
On Wednesday, minimum temperatures in Bulgaria will range from zero to 5° C., for Sofia around zero. There will be fog in some parts in the lowlands in the morning. During the day there will be clouds with no significant precipitation, the clouds..
Judge Vladislava Tsarigradska of the Pleven District Court received the grand prize "Person of the Year" of the Bulgarian Helsinki Committee. She grabbed the award for her active work in exposing unregulated relations and dependencies in the..
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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