Prime Minister Boyko Borissov told reporters that Standard & Poor's assessment of Bulgaria was a response to the criticism of the government. The international rating agency S&P Global Ratings has upgraded Bulgaria's long-term and short-term foreign currency and local currency credit ratings from 'BBB/A-2' to 'BBB-/A-3'. According to the Agency's assessment, Bulgaria has sustainable economic development without macroeconomic imbalances, and the outlook for the rating is positive. With this increase, we reach the highest credit rating on the Balkan Peninsula, outperforming countries such as Romania, Greece, Turkey, and Russia, and have a comparable rating, but better in terms of prospects than Hungary, said Finance Minister Vladislav Goranov.
On Wednesday minimum temperatures in the country will range from 7 to 12° C., for Sofia 9° C. During the day there will be sun, with clouds over the mountains in the afternoon and occasional rain in some parts. Maximum temperatures 19-24° C., for..
Bulgarian timber, rather than imported wood, is the primary raw material for the wood processing and furniture industry in Bulgaria, caretaker Deputy Minister of Agriculture, Food and Forestry Miroslav Marinov said at the official opening of the 20 th..
In 2021, the value added of the EU’s information and communication technology (ICT) sector was equivalent to 5.5% of the EU’s gross value added: 4.7% from ICT services and 0.8% from ICT manufacturing, Eurostat data show. Bulgaria is among the 3 EU..
For the early parliamentary elections in Bulgaria and the elections for European Parliament, which will be held on June 9, at this stage it is planned to..
Caretaker Prime Minister Dimitar Glavchev has proposed to President Rumen Radev changes in the composition of the caretaker cabinet , the government..
On Tuesday the minimum temperatures in Bulgaria will be between 6 and 11°C, in Sofia - about 7°C. During the day it will be cloudy and rainy. In western..
+359 2 9336 661