Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

S&P revises outlook for Bulgaria’s credit rating from stable to positive

Photo: archive

The international rating agency "Standard & Poor's" revised the outlook for Bulgaria's credit rating to positive from stable,confirming Bulgaria’s long-term and short-term credit rating in foreign and local currency at 'BBB/A-2'.the Ministry of Finance has announced.

The positive tendency reflects the agency’s opinion that Bulgaria may join the Eurozone within the next 24 months. The agency notes that the country now has the first stable government in two years, after five elections for parliament. The economy of Bulgaria has robust prospects for real growth at an average rate of 3% for the 2024-2026 period. 



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Bulgaria to ask EU to suspend egg imports from Ukraine

Bulgaria will request the suspension of egg imports from Ukraine at the upcoming Agriculture and Fisheries Council meeting  in Brussels  on September 23, caretaker Minister of Agriculture and Food Minister Georgi Tahov said at a meeting with farmers..

published on 9/20/24 10:31 AM

Business consumers to be compensated for high energy costs

All non-household consumers will be compensated for the high cost of electricity by the end of the year, the government has decided.  The European Commission has given the green light for the subsidy, the energy minister said. According to..

published on 9/18/24 3:06 PM

Romania launches feasibility study for the construction of a second bridge over the Danube River between Giurgiu and Ruse

The Romanian National Company for Road Infrastructure Administration (CNAIR) has announced a tender for a feasibility study for the construction of a new bridge over the Danube River between Giurgiu in Romania and Ruse in Bulgaria, reports..

published on 9/17/24 10:05 AM