The American Credit Rating Agency S&P Global Ratings (previously Standard & Poor’s) has confirmed the long-term and short-term foreign and local currency sovereign credit ratings on Bulgaria at 'BBB/A-2' and revised the country’s outlook from positive to stable.
The revision is related to expectations for significant deterioration of growth in Bulgaria and in other countries in 2020 as a result of the measures adopted to contain the Covid-19 pandemic. However, given the significant contraction of the country’s macroeconomic imbalances, S&P Global Ratings expects the Bulgarian economy to recover in 2021.
The upgrade of the Bulgarian supercomputer Discoverer has been completed successfully, and the machine now has new systems capable of additional specialized services in the sphere of AI in business, the science community and the public sector in the..
The first F-16 Block 70 aircraft for the Bulgarian army landed today at Graf Ignatievo air base. Before landing, it flew past the renewed multipurpose runway, renovated for the new fighter aircraft – the only runway in the country suited to..
Housekeepers (76%), cooks (68%), receptionists (57%), waiters (50%), bar tenders (26%) and technical staff (23%) are in demand most for the tourist season 2025 on the Bulgarian Black Sea coast. Only 10% of the hotels are looking for staff at a..
Bulgarian President Rumen Radev and Jordan's King Abdullah II will be hosting a high-level meeting under the Aqaba Process initiative, focusing on security..
The President of Bulgaria, Rumen Radev, and the King of Jordan, Abdullah II, are hosting the Aqaba Process Summit, which focuses on the Balkans and brings..
It is 21 years today since the tragedy in the River Lim on the border between Serbia and Montenegro, in which 12 Bulgarian children were killed. On..
Overcast, rain
sunshine, cloud, rain and thunder