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.
Sofia celebrates 146 years since its declaration as the capital of Bulgaria. At the proposal of historian, scientist and statesman Prof. Marin Drinov, on April 3, 1879, the Constituent Assembly in the old capital Veliko Tarnovo..
“We Continue the Change/Democratic Bulgaria (PP/DB) will not take part in today’s vote of no confidence in the government of Rosen Zhelyazkov,” said PP co-chair Kiril Petkov. “The motion of no confidence we shall submit after the accession date for..
A Sofia municipality plan for the development of Mount Vitosha envisages improving transport connectivity and year-round access to the mountain. The most important thing is for Vitosha to be integrated into the city, Sofia mayor Vassil Terziev..
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..
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..
Overcast, rain
sunshine, cloud, rain and thunder