Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Fitch affirms Bulgaria at “BBB”; outlook positive

Photo: EPA/BGNES

Fitch Ratings credit rating agency has affirmed Bulgaria's long-term foreign-currency issuer default rating at 'BBB' with a positive outlook.

The Positive Outlook reflects the prospects of euro adoption, which would lead to further improvement in external metrics. Despite a series of inconclusive snap elections over the past two years, Fitch believes the key political parties remain committed to euro adoption.The required legislative amendments should be adopted once the political environment stabilises, with risks around the timeline for eurozone entry mainly tied to meeting price stability criterion, Fitch writes. 



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Scientists discuss the history and perspectives of the Western Outlands

The Institute for Historical Studies at the Bulgarian Academy of Sciences is organizing today a scientific conference on the topic "The Western Bulgarian Outlands - History and Perspectives" on the occasion of the 100th anniversary of..

published on 11/8/24 7:55 AM

Vice-President Iliana Iotova: This National Assembly lacks legitimacy

Speaking to journalists during her visit to the town of Gotse Delchev in the Blagoevgrad region, Vice-President Iliana Iotova described the newly elected National Assembly as "illegitimate".  According to her, the reports of violations and the..

published on 11/7/24 6:34 PM

Weather forecast: Daytime highs expected to increase by 1°C-2°C

On Friday, there will be fog in the valleys. The lowest temperatures will range between minus 5°C and 0°C, for Sofia around minus 3°C. It will be sunny during the day. The maximum temperatures will range from 14°C to 19°C, for Sofia around 16°C...

published on 11/7/24 5:20 PM