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 Maritsa East TPP complex will supply 50% of the energy for household consumers in Bulgaria. This was made clear at a briefing of Energy Minister Zhecho Stankov in Maritsa East 2 TPP, BTA has reported. The minister..
Thirty ensembles from all over the country are participating in the tenth edition of the National Folklore Festival "Rhythm of Bulgaria" in Lovech. They will perform on stage in the "Varosha" district, BTA reported. The event starts..
Sofia Airport "Vasil Levski" received the ACI EUROPE "Best Airport in Europe" award in the category for airports serving 5 to 10 million passengers, the operator "SOF Connect" announced. "The recognition is a cause for national..
Today and tomorrow, Bulgaria's Minister of Agriculture and Food Georgi Tahov will take part in a meeting of the European Union Council on Agriculture and..
A Bulgarian delegation, led by Prime Minister Rosen Zhelyazkov, will participate in the NATO summit focusing on defense and deterrence plans, which..
At the moment, there is no immediate threat to Bulgaria, against the backdrop of the growing military conflict between Israel and Iran . The Bulgarian..
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