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

S&P Global Ratings: Bulgaria’s economy to recover in 2021

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.




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

Renovated Kalotina checkpoint on the border with Serbia starts work

The Kalotina border checkpoint on the border with Serbia has already been renovated and has a nearly 30% increased capacity for passenger cars. It has seven lanes each for entering and leaving the country, as well as another eight lanes that can be..

published on 10/1/24 7:45 PM

Wednesday and Thursday will be sunny

On Wednesday minimum temperatures will be between 2 and 12°C, 5°C in Sofia. Maximum temperatures will be 19-24°C, 21°C in the capital. In the higher plateaus of western Bulgaria there are conditions for frost. The day will be bright and sunny with light..

published on 10/1/24 7:05 PM

Government airplane evacuates another 80 Bulgarians from Beirut

The second group of 80 Bulgarians who wanted to leave Lebanon has taken off from Beirut to Sofia onboard the governmental Airbus. The plane is expected to land in Sofia after 7 pm.  The second group of Bulgarians is ready for evacuation from..

published on 10/1/24 6:35 PM