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.
In a few days, the Ministry of Energy will publish for public discussion amendments to the Renewable Energy Sources Act, after which they will be submitted for voting in parliament. The goal is to avoid gasoline shortages and price increases from..
On Thursday morning, fog will begin to form in the lowlands and valleys. The lowest temperatures will range from 0°C to 5°C, in the easternmost regions up to 8°C-10°C, for Sofia around 1°C. The maximum temperatures will range from 12°C to 17°C, for..
Bulgaria’s accession to the eurozone is the next major priority after the country’s full membership in Schengen. "The eurozone is at our doorstep", caretaker Premier Dimitar Glavchev said. He made this comment at the beginning of the first government..
Bulgaria’s accession to the eurozone is the next major priority after the country’s full membership in Schengen. "The eurozone is at our doorstep",..
Democratic Bulgaria stated in a message to the media that the nominations for prime minister and the composition of the Council of Ministers..
On Thursday morning, fog will begin to form in the lowlands and valleys. The lowest temperatures will range from 0°C to 5°C, in the easternmost regions..
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