Standard & Poor's have upgraded Bulgaria's long-term and short-term credit rating in foreign and local currencies to "BBB- / A-3" from "BB + / B".
The raised rating reflects strengthening of the country's external position as a result of the prolonged expansion of exports and the increase in savings.
According to Standard & Poor's, the risks associated with a substantial and sudden change in financial flows coming from abroad, and in particular foreign direct investments, have declined significantly.
The protectionist tendencies could deal a severe blow to the world economy, said World Bank Kristalina Georgieva in an interview for the Bulgarian National Radio. This year we are having “customs shootouts” among the leading economies, and this..
According to an analysis by the Bulgarian Industrial Association regarding foreign trade in 2017, based on data by the International Trade Centre in Geneva from around 233 countries, in recent years, Bulgaria’s exports of commodities with a higher..
For the first time this year, organizers of lotteries and games of chance in Bulgaria were obliged to provide the National Revenue Agency with information about sums paid by them to individuals, when the value of the winning is over 2500 euros...