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

Fitch Ratings affirms Bulgaria’s credit rating with stable outlook

Photo: EPA/BGNES

Fitch Ratings agency has affirmed Bulgaria’s long-term Foreign Currency Issuer Default Rating at BBB- and Local Currency Issuer Default Rating at BBB with stable outlook, Bulgaria's Ministry of Finance informs. Fitch estimates that Bulgaria’s GDP would grow with 2.1% in 2016. In 2015 that country's economy grew with 3%. The forecasted slowdown of the economy will be due to lower EU funds absorption. Net exports will be the main engine of economic growth this year.




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

Orange code for dangerous rainfall issued for 7 central Bulgarian districts

An orange code warning for dangerous precipitation has been issued for seven districts in Central Bulgaria. From midnight on Wednesday, precipitation and the risk of hail will move from the west to central and south-western Bulgaria. After noon, the..

published on 7/2/24 7:05 PM

Bulgarian Posts to receive €25m state aid approved by the EC

BGN 50 million (€25.51 million) will be granted to Bulgarian Posts postal operator, after the European Commission approved, under EU state aid rules, Bulgaria's plans to grant state aid to the company in order to restore its viability.  Bulgarian..

published on 7/2/24 4:50 PM
Korman Ismailov

Fear grips DPS, Korman Ismailov, former head of the youth organisation says

"Fear is shaking DPS. I'm talking about the apparatus," Korman Ismailov, former head of the youth organisation of the Movement for Rights and Freedoms (DPS), told BNR. According to him, the party, which came second in June's parliamentary elections,..

published on 7/2/24 4:16 PM