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.
The new Minister of Foreign Affairs of Bulgaria, Georg Georgiev, has held his first telephone conversation with the High Representative of the European Union for Foreign Affairs and Security Policy Kaja Kallas. Georgiev pointed out..
The majority of Austrian companies that have invested in Bulgaria expect the economic climate in the country to remain stable (54%) or improve (13%) over the next 12 months. This was shown by the traditional "Survey among Austrian..
Eight inflatable boats used to transport migrants illegally from the EU to the UK across the English Channel have been confiscated at the Lesovo border checkpoint on the border with Turkey. They were declared to customs authorities as..
Captain Lyubomir Chanev and chief mate Danail Veselinov returned to Bulgaria. They were held captive by Yemen's Houthis for 430 days. The Galaxy Leader..
"I categorically want to put an end to all insinuations that Bulgaria is abandoning its goal of joining the Eurozone within the next year", said..
Bulgaria’s Minister of Finance Temenuzhka Petkova said that she is concerned about the current state of the country’s finances, which,..
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