Text size

Moody’s raises Bulgaria's the long-term rating

published on 10/10/20 1:49 PM

Photo: Archive

Moody's has raised Bulgaria's long-term foreign and local currency rating to Baa1 with a stable outlook, Prime Minister Boyko Borissov announced on his Facebook page. According to him, this is due to the progress of Bulgaria in joining the Eurozone and the successfully conducted reforms.

The Prime Minister adds that international experts have noticed an improvement in the country's debt profile, a reliable currency board and a good budget policy.

Within two months, this is the second authoritative international agency that gives a positive assessment of Bulgaria, Boyko Borissov writes. "Yet another international recognition of our fiscal policy obliges us to complete our work and not to deviate from the course," he concludes.

Последвайте ни и в Google News Showcase, за да научите най-важното от деня!

Radio Bulgaria News foreign currency local currency Moody's rating

More from category

50% of all funds under the operational programs have been contracted, says Deputy Premier Tomislav Donchev

''Funds disbursed under all EU operational programs amount to 3.3 billion BGN (1.587 billion EUR). A total of 12 billion BGN (5.770 billion EUR) has been contracted, representing 50% of the total funding. Contracting has accelerated by 50%, and..

published on 10/3/25 10:51 AM

Bulgaria's Ministry of Foreign Affairs condemns the attack on a synagogue in Manchester

''We are shocked and deeply saddened by the heinous attack on a synagogue in Manchester, especially on Yom Kippur — the holiest day in the Jewish calendar'', stated the Ministry of Foreign Affairs in a post on the platform X. "We join British..

published on 10/3/25 10:02 AM

People were evacuated from flooded villages in the municipality of Tsarevo after record rainfall

The Municipality of Tsarevo declared a state of emergency due to record rainfall. People have been evacuated, Tsarevo Mayor Marin Kirov told BNR. ''In just three hours, 410 liters per square meter of rain were recorded in the village of Izgrev and..

published on 10/3/25 9:46 AM