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%.
According to data from the European Environment Agency published by the European Commission and reported by BNR correspondent in Brussels Angelina Piskova, Bulgaria ranks second in the EU for bathing water quality in 2024. The report states that 97.9%..
The ministers of economy and finance of the EU member states unanimously backed the Eurogroup's recommendation that Bulgaria should join the euro area on 1 January 2026, Polish Finance Minister Andrzej Domański announced, as reported by BNR correspondent..
The parliament has adopted the Crypto-Asset Markets Act on second reading. It regulates trading in this type of instrument according to European regulations, reporter Maria Fileva informed. The law gives the Financial Supervision..
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..
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