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.
Bulgaria could run into fuel shortages if the Lukoil Neftochim refinery stops operating, former Prime Minister and GERB leader Boyko Borissov warned on Thursday. Prime Minister: Bulgaria has a month to decide how to proceed after US sanctions on..
Bulgaria has until 21 November to decide how to proceed with the Lukoil Neftochim refinery, Prime Minister Rosen Zhelyazkov said on Thursday ahead of a meeting of EU leaders in Brussels. He was apparently referring to the end of a US Treasury..
The Bulgaria army will make up for the lack of personnel but not immediately. For 2025, we have money to hire only 1,000 new soldiers, said Defense Minister Atanas Zapryanov before the relevant parliamentary committee. The committee supported the..
The international scientific conference “Bulgarians in the Northern Black Sea Region” will be held in Sofia on October 27 and 28, 2025 in the Institute..
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