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

S&P revises outlook for Bulgaria’s credit rating from stable to positive

Photo: archive

The international rating agency "Standard & Poor's" revised the outlook for Bulgaria's credit rating to positive from stable,confirming Bulgaria’s long-term and short-term credit rating in foreign and local currency at 'BBB/A-2'.the Ministry of Finance has announced.

The positive tendency reflects the agency’s opinion that Bulgaria may join the Eurozone within the next 24 months. The agency notes that the country now has the first stable government in two years, after five elections for parliament. The economy of Bulgaria has robust prospects for real growth at an average rate of 3% for the 2024-2026 period. 



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

Businesses want to negotiate the import of highly educated specialists from India

In the next 3 to 5 years, Bulgaria will experience a shortage of more than 250,000 specialists with higher education. For the past 8 years, Bulgaria has missed the opportunity, which a number of EU countries have taken advantage of, to conclude an..

published on 5/22/24 9:18 AM

BNB tightens control over mortgage lending

The Governing Council of the Bulgarian National Bank (BNB) has ordered banks in the country to apply a minimum set of 6 indicators for monitoring credit standards when granting and renegotiating loans secured by residential real estate . The aim is to..

published on 5/21/24 8:53 AM

One out of 6.5 million Bulgarians are inactive

Regional policies are needed to address imbalances in employment and economic activity levels in different regions of Bulgaria, taking into account the specificities of each region. This is the recommendation of the Council for Economic Analysis study..

published on 5/20/24 3:08 PM