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.
The final price proposed by Bulgargaz for the sale of natural gas to its customers in October is BGN 63.72 (EUR 32.58) per megawatt-hour before tax. The 3% price increase is expected to be approved by the Energy Regulatory Commission. The October price..
T he LNG terminal near the Greek town of Alexandroupolis has officially srarted commercial operations today, the Greek company Gastrade announced. The facility features state-of-the-art technology with a maximum regasification capacity of 5.5 billion..
In September, the overall Business Climate Indicator for the country decreased by 1 point compared to August. The decline reflects a less favourable assessment in the industry sector, where the indicator fell by 5.2 points. Managers in industry reported..
In 2023, Bulgaria's GDP growth was 1.9% higher in real terms compared to 2022. This is 0.1 percent more than the initially announced..
International rating agency Fitch Ratings has affirmed Bulgaria's long-term foreign and local currency credit rating at BBB with a positive outlook, the..
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