The American Credit Rating Agency S&P Global Ratings (previously Standard & Poor’s) has confirmed the long-term and short-term foreign and local currency sovereign credit ratings on Bulgaria at 'BBB/A-2' and revised the country’s outlook from positive to stable.
The revision is related to expectations for significant deterioration of growth in Bulgaria and in other countries in 2020 as a result of the measures adopted to contain the Covid-19 pandemic. However, given the significant contraction of the country’s macroeconomic imbalances, S&P Global Ratings expects the Bulgarian economy to recover in 2021.
Overnight there will be considerable cloud over the eastern half of the country, with rain and thunder in some places. The western parts will remain sunny. Light to moderate winds will blow from the north-northeast. On Wednesday, atmospheric..
Bulgarian archaeologists are continuing to study the ancient nymphaeum (sanctuary of the nymphs) discovered at the Aquae Calidae complex near Burgas. The nymphaeum occupies a central place in the former Roman baths and was part of a fountain with an..
In a letter to the leaders of parliamentary groups in the 50th National Assembly, caretaker Prime Minister Dimitar Glavchev urged them to submit two nominations for a Bulgarian commissioner in the next European Commission by August 29. Glavchev..
The European Prosecutor's Office in Sofia has seized property as part of an investigation into a project worth 2.6 million euros (5.2 million leva),..
The queue of trucks in the area of the Danube Bridge border crossing near Ruse is two kilometers long . The remaining heavy load trucks wait mainly in..
The Prime Minister of the Republic of North Macedonia Hristijan Mickoski stated that there will be personnel changes in the Joint Multidisciplinary..
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