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

Fitch confirm Bulgaria's long-term and short-term credit rating

Photo: EPA/BGNES

The Bulgarian Ministry of Finance has reported that Fitch rating agency has confirmed Bulgaria's long-term and short-term credit rating BBB in foreign and domestic currencies with stable prospects.

The agency recognizes that the country has sound external and public finances as well as a credible political framework for a step-by-step approach to the euro area. Bulgaria's economic growth in 2018 is expected to remain close to the one reported last year at 3.7%. The average annual inflation rate is projected to accelerate from 2.8% in 2018 to 3% in 2019.



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

Boyko Borissov

Boyko Borisov: There is no chance for GERB-SDS, PP-DB, BSP-United Left and ITN to form a cabinet

The chairman of GERB Boyko Borisov once again stated that the winning formula for forming a regular government is for it to be supported by GERB-SDS, “We Continue the Change – Democratic Bulgaria”, “BSP – United Left” and ITN. However, he clarified that..

published on 11/28/24 2:42 PM

Between 80 and 90% of water for domestic and industrial needs is lost in Bulgaria's water transmission network

Due to the poor condition of the water transmission network, nearly half a billion cubic meters of water are irretrievably lost annually . On this occasion, Caretaker Environment Minister Petar Dimitrov called for work to improve and repair the water..

published on 11/28/24 2:15 PM
Sofia Airport

Direct flight will start operating between Sofia and Pisa as of March 2025

From March 30, 2025, a new direct flight will connect Sofia and Pisa, Italy. A statement from Sofia Airport states that the flights will be operated by the low-cost airline Ryanair and will operate three times a week - every Tuesday, Thursday and..

published on 11/28/24 2:10 PM