ПРОГРАМИ
en de ru fr es sr gr al tr ro
Podcast in English
Share
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Standard & Poor's confirms Bulgaria's rating and positive outlook

Photo: Archive

The international rating agency Standard & Poor's (S&P Global Ratings) has affirmed Bulgaria's 'BBB/A-2' long-term and short-term foreign and local currency sovereign credit ratings. The rating outlook remains positive. 

If a stable government is formed immediately after the elections on 9 June this year and a prolonged period of instability similar to the one between 2021 and 2023 is avoided, the agency does not expect a significant delay in the country's accession to the euro area. Even if we do not introduce the euro in 2025, this will most likely happen no later than 1 January 2026, S&P Global Ratings predicts. 

According to the agency, the Bulgarian economy has strong growth prospects over the next few years. Real GDP growth is forecast to average just under 3% in 2025-2027.

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.
Radio Bulgaria Economy    credit rating GDP growth Standard & Poor's

More from category

May 13 is Tax Freedom Day in 2024

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..

published on 5/13/24 9:58 AM

Survey: Almost half of Bulgarians sceptical about euro adoption

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..

published on 5/10/24 10:39 AM

OECD expects inflation in Bulgaria to slow from 9.5% in 2023 to 3.0% in 2024

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..

published on 5/2/24 5:42 PM

WEATHER
Pick city: Sofía
Partly Cloudy
Min: 17 | Max: 35
Partly Cloudy
Min: 21 | Max: 31
Partly Cloudy
Min: 21 | Max: 30
Partly Cloudy
Min: 17 | Max: 36
Partly Cloudy
Min: 22 | Max: 35
Clear
Min: 18 | Max: 37
Clear
Min: 19 | Max: 33
Partly Cloudy
Min: 16 | Max: 33
Clear
Min: 16 | Max: 35
Partly Cloudy
Min: 16 | Max: 35
Clear
Min: 17 | Max: 37
Partly Cloudy
Min: 20 | Max: 36
Clear
Min: 15 | Max: 37
Partly Cloudy
Min: 15 | Max: 34
Clear
Min: 17 | Max: 38
Clear
Min: 17 | Max: 37
Clear
Min: 19 | Max: 34
Clear
Min: 22 | Max: 38
Clear
Min: 21 | Max: 36
Clear
Min: 19 | Max: 33
Partly Cloudy
Min: 12 | Max: 32
Partly Cloudy
Min: 16 | Max: 33
Clear
Min: 17 | Max: 36
Clear
Min: 18 | Max: 34
Clear
Min: 15 | Max: 36
Clear
Min: 17 | Max: 34
Clear
Min: 16 | Max: 35
BULGARIA IN PICTURES
Which world-famous Bulgarian artist designed QSL cards for Radio Bulgaria?
Yasen Gyuzelev
Theodore Ushev
Christo Javacheff - Christo
Ilia Peikov
Lika Yanko

BULGARIANS ABROAD

Български English Русский Deutsch Српски Français Ελληνικά Español Shqip Türkçe Română
MOST VIEWED

BNB sets base interest rate at 3.63% as of July 1

The Bulgarian National Bank (BNB) announced that it is lowering the base interest rate to 3.63% as of July 1. In May and June, the base interest rate..

published on 7/1/24 8:52 AM

english@bnr.bg

+359 2 9336 661

Общи условия за използване на сайта | Политика за поверителност | Политика за "бисквитки"