International agency Moody's has confirmed Bulgaria's credit rating of Baa2 with stable outlook. The analysis of the agency points out strong fiscal position, stable economy and broad reform agenda in this country. It forecasts that fiscal consolidation will continue in 2016 and during next year. "Moody's" expects that Bulgaria's budget deficit would decline to 1.3 percent of GDP in 2016. The agency predicts a slight slowdown in real economic growth to 2.8 percent this year.
On Friday, the lowest temperatures will be between 4°C and 9°C, reaching up to 12°C in the southeast, around 6°C in Sofia . During the next 24 hours, the weather will remain cloudy. It will rain in almost the entire country. During the day, rainfall..
The Varna District Court has released the city’s mayor, Blagomir Kotsev, on a financial bond of €102,258. Before the court’s decision was announced, supporters of the mayor and members of the We Continue the Change party gathered outside the..
Three people, including an Italian citizen, were arrested during last night's protest against the adoption of the 2026 budget in front of the National Assembly, the director of the Sofia Directorate of Internal Affairs, Chief Commissioner Lyubomir..
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