Fitch Ratings credit rating agency has affirmed Bulgaria's long-term foreign-currency issuer default rating at 'BBB' with a positive outlook.
The Positive Outlook reflects the prospects of euro adoption, which would lead to further improvement in external metrics. Despite a series of inconclusive snap elections over the past two years, Fitch believes the key political parties remain committed to euro adoption.The required legislative amendments should be adopted once the political environment stabilises, with risks around the timeline for eurozone entry mainly tied to meeting price stability criterion, Fitch writes.
Public organizations in Bulgaria have announced a second day of boycott of grocery chains for February 20 , after reporting the success of the first such initiative in our country. On the first day of the boycott, according to data from the..
The Bulgaria Parliament will hear today the Minister of Defense Atanas Zapryanov and the Minister of Foreign Affairs Georg Georgiev about a "questionnaire" prepared by the US on topics related to Bulgaria's readiness to participate in a special military..
On Thursday, the minimum temperatures in Bulgaria will be between minus 14 °C and minus 8°C. In Sofia, it will be around minus 12°C. The day will be sunny but frosty. The thermometer values in most places will be negative. Before noon, there will be..
The Vazrazhdane parliamentary party is organizing a protest on February 22 in front of the Bulgarian National Bank against Bulgaria's entry into the..
A serious train crash involving a train owned by the Bulgarian company PIMK has occurred near Craiova, Romania. According to initial information, the..
The agriculture sector in Bulgaria maintains its stability, providing employment to 6% of the population and forming about 4% of the country's GDP. This..
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