Fitch Ratings has revised the outlook on Bulgaria's long-term foreign-currency issuer default rating (IDR) to stable from positive and affirmed the rating at “BBB”, because of the coronavirus pandemic.
This is the rating agency’s first evaluation since the beginning of the pandemic. According to Fitch, this year Bulgaria’s GDP will drop from 3.2 % to minus 5.1 %, but will recover next year to reach an increase of 4.2%.
The annual conference of Bulgaria’s Chief of Defense Admiral Emil Eftimov will take place from February 25 to 26, 2025. Today, Admiral Eftimov will present the "Analysis of the state and preparedness of the Armed Forces in 2024." Defense Minister..
Goethe Institut Bulgaria and Ideas Factory Association are organizing a discussion on the role of culture as a means of countering violence and youth aggression. The event will take place from 16.0 pm to 18.00 pm at Goethe Institut Bulgaria. The open..
On Tuesday , the minimum temperatures in Bulgaria will be between minus 5 and 0°C, in the northeast - as low as minus 11°C. In Sofia, it will be around minus 3°C. In the morning, fog is possible near the rivers. During the day, there will be light..
Police are searching for all those involved in the clashes in front of the European Commission building in Sofia on Saturday, February 22, Bulgaria’s..
On Monday, the lowest temperatures will range from minus 15°C to minus 10°C, higher in Western Bulgaria, for Sofia around minus 4°C. In the morning,..
According to data from Eurostat, Bulgaria has met the final criterion for joining the eurozone, namely price stability, Minister of Finance Temenuzhka..
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