International agency Moody's has confirmed Bulgaria's credit rating of Baa2 with stable outlook. The analysis of the agency points out strong fiscal position, stable economy and broad reform agenda in this country. It forecasts that fiscal consolidation will continue in 2016 and during next year. "Moody's" expects that Bulgaria's budget deficit would decline to 1.3 percent of GDP in 2016. The agency predicts a slight slowdown in real economic growth to 2.8 percent this year.
Today's meeting of the National Council for Tripartite Cooperation, which discussed a draft government decree to raise the minimum wage from the current 477 euros to 550 euros as of 1 January 2025, ended without consensus. Trade unions supported..
Defence Minister Atanas Zapryanov and Japanese Ambassador to Bulgaria Hisashi Michigami discussed bilateral defence cooperation and partnership in the context of NATO. The discussion focused on support for Ukraine and the contribution of Bulgaria..
Hurricane Milton, which hit the west coast of the US on Thursday, did not cause the catastrophic storm surge that had been expected. But the damage is nonetheless considerable. Authorities have reported 10 deaths so far, and that number is expected to..
Hundreds of guitarists will perform the legendary song "Kletva " (Oath) in memory of Kiril Marichkov who died in an accident on stage. The song..
The National Health Insurance Fund (NHIF) will check whether hospitals have falsely reported medical treatment without the patient having been admitted..
From July to September alone, there were 277 accidents involving electric scooters. Seven people have died, Chief Inspector Lachezar Bliznakov from the..
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