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.
Navigation Maritime Bulgare (Navibulgar) has announced that the sulphur-laden Vezhen, released by the Swedish authorities, will stop in Denmark for repairs and then continue its voyage to South America - Uruguay and Argentina - with minor crew changes...
The government will request an extraordinary convergence report to assess Bulgaria's readiness to join the eurozone. This is what Prime Minister Rosen Zhelyazkov told journalists in Brussels, quoted by BTA. He confirmed that joining the eurozone..
The Vezhen, detained for damaging a fibre optic cable in the Baltic Sea, has been released. The investigation found no evidence of sabotage. This was announced by the Swedish prosecutor's office. A few days ago, the Bulgarian vessel Vezhen, flying..
Nuclear physicist Vasil Gurev fell into a deep ice crevasse during geophysical scientific research on the Contell Glacier in Antarctica, near the..
Bulgaria’s Minister of Interior Minister Daniel Mitov announced with a post on the social networks that the General Directorate for Combating Organized..
"We need drones for aerial surveillance so we don’t have to use helicopters and airplanes to monitor the Bulgarian waters", said one of the..
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