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 Bulgarian national informatics team won 3 medals and an honorary diploma at the 4th European Girls’ Olympiad in Informatics. The competition was held from July 21 to 27 in Veldhoven, the Netherlands, said the team leader Rumen Mihov. 196..
''The chances of forming a government with the third mandate are slim, but a miracle could happen'', We Continue the Change – Democratic Bulgaria Co-Chairman Atanas Atanasov said. Speaking to BNR, Atanas Atanasov said that the coalition We Continue..
The situation with the fire at the Bulgarian-Greek border is quite severe, said caretaker Minister of Interior Kalin Stoyanov. Two Greek helicopters, two airplanes and two Bulgarian military helicopters are involved in the firefighting efforts. ''The..
The explosions near the village of Gara Elin Pelin continue, caretaker Minister of Interior Kalin Stoyanov said. Heavily equipped specialists have..
Traffic is intense at some border checkpoints with Romania, Serbia and Turkiye, Border Police said. At the border with Romania, Traffic is heavy..
The situation with the fire at the Bulgarian-Greek border is quite severe, said caretaker Minister of Interior Kalin Stoyanov. Two Greek helicopters,..
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