Standard & Poor's Global Ratings agency has raised its long-term sovereign credit ratings of Sofia from ВВ+ to ВВВ- with a stable outlook, which means it is now in the investment grade group.
This means that Sofia is now a more attractive place to invest. One of S&P Global Ratings's motives is that the city’s status as an administrative, financial and commercial centre of Bulgaria comes as corroboration of Sofia municipality’s rating. This assessment reflects the agency’s view of the municipality’s extremely high liquidity and good budgetary flexibility, based on a considerable autonomy in the administration of local revenues. The stable outlook reflects the rating of Bulgaria (BBB-/stable outlook/A-3) as well as the fact that Sofia’s economy is above the average for the country.
The night will be clear and calm. Minimum temperatures will be between -3°C and 2°C in most places, around 1°C in Sofia. Sunday will be sunny with scattered high clouds and moderate easterly winds, especially in northern areas. Maximum temperatures..
A protest under the slogan "Feminism, not Militarism" started this afternoon in front of the Court House in Sofia . "On March 8 we are not celebrating. On 8 March we demand justice, equality and freedom! On 8 March we are together - against patriarchal..
In light of the EU's recently announced plan to rearm Europe, President Rumen Radev told journalists that he had always advocated a more responsible approach to security, both by Europe and by Bulgaria. "The modernisation of the Bulgarian Army and..
Russia’s Ambassador to Bulgaria Eleonora Mitrofanova was expelled by the audience during the opening of an exhibition at the National Gallery Square 500..
Three Bulgarian citizens accused of spying for Russia in the UK have been found guilty, BGNES reports. Bulgarians accused of espionage..
In light of the EU's recently announced plan to rearm Europe, President Rumen Radev told journalists that he had always advocated a more responsible..
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