Text size

Standard & Poor's confirms Bulgaria's rating and positive outlook

published on 5/25/24 10:50 AM

Photo: Archive

The international rating agency Standard & Poor's (S&P Global Ratings) has affirmed Bulgaria's 'BBB/A-2' long-term and short-term foreign and local currency sovereign credit ratings. The rating outlook remains positive.

If a stable government is formed immediately after the elections on 9 June this year and a prolonged period of instability similar to the one between 2021 and 2023 is avoided, the agency does not expect a significant delay in the country's accession to the euro area. Even if we do not introduce the euro in 2025, this will most likely happen no later than 1 January 2026, S&P Global Ratings predicts.

According to the agency, the Bulgarian economy has strong growth prospects over the next few years. Real GDP growth is forecast to average just under 3% in 2025-2027.

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

Radio Bulgaria Economy credit rating GDP growth Standard & Poor's

More from category

Allianz Trade forecasts Bulgaria as one of CEE’s fastest-growing economies

The annual growth of Bulgaria's gross domestic product will remain above 3% in the period 2025-2027 , according to a report by commercial credit insurer Allianz Trade, BTA reports. According to Allianz this means that the Bulgarian economy will become..

published on 10/22/25 2:38 PM

Christine Lagarde highlights the advantages of Euro adoption for Bulgaria

With the introduction of the euro on January 1, Bulgaria will benefit from the stability, liquidity and all the advantages of the common currency, European Central Bank President Christine Lagarde said in an interview with public service..

published on 10/20/25 10:37 AM

Tomislav Donchev and Mila Nenova, Executive Director of Invest Bulgaria Agency, at the presentation of the map.

Ministry of Innovation and Growth presents Bulgaria’s first interactive investment map

The Ministry of Innovation and Growth has presented the country’s first interactive investment map . The platform aims to provide Bulgarian and foreign investors with useful and up-to-date information in one place, making it easier for them to make..

published on 10/17/25 10:37 AM