S&P Global Ratings has reaffirmed its long and short-term foreign and local currency sovereign credit ratings on Bulgaria at BBB/A2-, and kept a stable outlook.
The slow pace of vaccine rollout and the potential new outbreak of Covid-19 could lead to a weaker than expected recovery of external demand. The contraction of Bulgaria’s economy has been relatively weak, which is mainly due to the sustainable domestic demand. In the medium term (until 2024), the large flow of EU funds will provide a solid opportunity for economic growth. Despite the challenging domestic political environment and the Covid-19 pandemic, Bulgaria has maintained a strong fiscal position, reads the analysis.
A forum entitled "Career and Life - Why in Bulgaria?", organized by the Bulgaria Wants You platform, was held at the Royal Geographical Society in London on October 20. The event, which took place for the second time, attracted significant..
International rating agency Fitch Ratings has affirmed Bulgaria's long-term foreign and local currency credit rating at BBB with a positive outlook, the Finance Ministry said. The positive outlook reflects the country's prospects for eurozone..
In 2023, Bulgaria's GDP growth was 1.9% higher in real terms compared to 2022. This is 0.1 percent more than the initially announced growth of 1.8%, the National Statistical Institute has reported. The chairman of the institute,..
The final price at which Bulgargaz will sell natural gas in December to end suppliers and to persons with a license for the production and transmission..
Urgent reform of Bulgaria's planning districts is needed, local authorities insist.The current regionalization shows increasing economic imbalances in..
Mostly Cloudy
Scattered showers
Cloudy
Cloudy