The international credit rating agency Fitch has affirmed Bulgaria's long-term foreign currency issuer default rating (IDR) at 'BBB' with a positive outlook.
Bulgaria's ratings are supported by its strong external and public balance sheets versus 'BBB' peers and a credible policy framework, underpinned by EU membership and a long-standing currency-board. This is balanced by unfavourable demographics, which weigh on potential growth and government finances over the long term, as well as by slightly weaker governance indicators than peers. Political uncertainty remains an important downside risk, given renewed prospects of new elections that could delay absorption of funds linked to the Recovery and Resilience Plan, which was finally approved in April, Fitch writes.
The Central Election Commission held a draw to determine the order in which the parties and coalitions will appear on the ballot for the early parliamentary elections on October 27. GERB-SDS will participate in the elections under № 18, the Alliance..
The Ministry of the Interior is looking for an option for the creation of a National Information System for the prevention and protection of paedophilia and a National Register of cases of paedophilia, for which an interdepartmental..
Starting October 11, 2024, a Turkish shipping company will operate a ferry connection between Istanbul and Burgas. It will mainly transport tourists who are in Turkey and want to come on a sea trip to Bulgaria for a day or two, Maria..
The first coordination meeting with the participation of all structures involved in the contract for the acquisition of Stryker combat vehicles for the..
Friday will be sunny and temperatures will rise during the day to reach 28-33°C, 29°C in the capital. Lows will be between 11 and 16°C, 11°C in Sofia...
Bulgaria supports the United Nations' mission of having humanity's future shaped by development policies and not by military conflicts, President Rumen..
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