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.
President Rumen Radev urged the representatives of the parliamentary group of There Is Such a People (ITN) to begin negotiations with the other political formations in the 50 th National Assembly immediately. Rumen Radev handed ITN the third and..
The government of Bulgaria is following, with increasing concern, the statements and declarations by officials from North Macedonia, aimed at violating international commitments in the sphere of infrastructure connectivity, including the..
Bulgaria is among the EU countries with the highest number of people with higher education employed on permanent contracts. According to the EUROGRADUATE 2022 survey conducted in 17 countries, the unemployment rate among bachelor's or master's degree..
It will be sunny on Monday. Clouds will form over the northern, central and northeastern parts of the country in the afternoon and the evening with a..
The efforts to put out the fire on the Greek Bulgarian border continue. Two aircraft sent by France under the EU civil protection mechanism will join..
On Tuesday there will be sun and temperatures will be high in the Western part of the country. Over Eastern Bulgaria there will be clouds and,..
Partly Cloudy
sunshine, cloud, rain and thunder
Mostly Cloudy