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

TASS: Russian gas transit through Bulgaria will continue

Currently there is no risk of stopping the transit of natural gas from Russia through Bulgaria to other countries. This is what the Russian state agency TASS writes after Bulgarian Energy Minister Vladimir Malinov warned that..

published on 12/11/24 9:48 AM

Bulgarians accused of espionage in UK were planning to kidnap Russian investigative journalist

Bulgarian citizens in UK, who are accused of spying for Russia, planned to kidnap a Russian investigative journalist and take him off the island by boat, it became known at the last session of the trial at the Central Criminal Court..

published on 12/11/24 9:17 AM
Andrius Kubilius

Andrius Kubilius: NATO will make members increase defence spending

It is too early to predict how the events in Syria would affect the war in Ukraine. This is what EU Defense Commissioner Andrius Kubilius said in a blitz interview with BNR - Horizont. The European Commissioner recalled that according..

published on 12/11/24 8:50 AM