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

Moody’s raises Bulgaria's the long-term rating

Photo: Archive

Moody's has raised Bulgaria's long-term foreign and local currency rating to Baa1 with a stable outlook, Prime Minister Boyko Borissov announced on his Facebook page. According to him, this is due to the progress of Bulgaria in joining the Eurozone and the successfully conducted reforms.
The Prime Minister adds that international experts have noticed an improvement in the country's debt profile, a reliable currency board and a good budget policy. 
Within two months, this is the second authoritative international agency that gives a positive assessment of Bulgaria, Boyko Borissov writes. "Yet another international recognition of our fiscal policy obliges us to complete our work and not to deviate from the course," he concludes.



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

Bulgarian Socialist Party will participate in elections in an alliance with 20 parties

Twenty left-wing formations will sign a coalition agreement by the end of next week for general participation in the next parliamentary elections, announced the acting chairman of the BSP, Atanas Zafirov. He explained that his party is in an advanced..

published on 8/25/24 10:51 AM

Remembering legendary basso Boris Christoff as a late 20th century emblem of Bulgaria

A photo exhibition dedicated to renowned Bulgarian basso Boris Christoff opens in Sofia on 28 August. The exposition is organized by Plovdiv municipality’s Culture, Archaeology and Cultural Heritage department, and celebrates the 110 th birth..

published on 8/25/24 7:55 AM

Temperatures up to 38°C on Sunday

Sunday will be mostly sunny. In the afternoon, clouds will develop over eastern Bulgaria, but there will only be isolated showers and thunderstorms. There will be light to moderate winds from east-northeast. Maximum temperatures will be between 33°C and..

published on 8/24/24 7:05 PM