BDB's IDRs are equalised with Bulgaria's (BBB/Positive), reflecting a high probability of support from the sovereign, in case of need, as expressed by its Government Support Rating (GSR) of 'BBB'. BDB's GSR is primarily driven by its full state ownership. Fitch considers that there is limited scope for bail-in of BDB's senior creditors that would be politically acceptable for the state, given its development bank status. BDB has policy bank status, with its development mandate determined by a dedicated legal act. This act defines BDB's role as the primary provider of financial support to small- and medium-sized enterprises (SMEs) as well as a participant in projects that have priority to the national economy.
The Institute for Market Economics has reported that it took 134 days for working Bulgarians to pay their debts to the treasury. This day is almost always in the middle of May, economist Lachezar Bogdanov told BNR. According to..
47% of Bulgarians disagree with the statement that Bulgaria's entry into the euro area will boost the Bulgarian economy and raise their living standards. This is the result of a national survey conducted by the Market Links agency between 27 April and..
The Organisation for Economic Co-operation and Development (OECD) forecasts an acceleration in Bulgaria's economic growth from 1.8% in 2023 to 2.5% in 2024 and to 2.9% in 2025 as public investment increases along with EU funds. OECD expects inflation..
The Institute for Market Economics has reported that it took 134 days for working Bulgarians to pay their debts to the treasury...
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