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 parliamentary group "Democracy, Rights and Freedoms" - DPS will support a government of GERB-СDS, BSP-United Left and ITN in its vote in the National Assembly as part of the formation of a parliamentary majority. Negotiations for forming a..
The Consulate General of Bulgaria in Los Angeles has issued recommendations to Bulgarians affected by the devastating fires in the city. The Federal Emergency Management Agency (FEMA) is offering assistance to those affected by the fires in California..
The Bulgarian satellite Balkan-1 has been launched into Earth orbit to transmit data for the EU's Copernicus programme . The satellite is a development of the Bulgarian company EnduroSat and was launched into space from the Vandenberg Space Force..
Bulgaria has no errors in the absorption of EU funds in agriculture and natural resources for 2023, according to the annual report of the European..
The Department ''Economics of Natural Resources'' and the Scientific Research Center for Agrarian Business and Nature Use at the University of National..
A scientific team with Bulgarian participation has shown the presence of three exoplanets in one of the most interesting multi-planet systems discovered..
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