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%.
Today, employees of Bulgaria’s three public service media — the Bulgarian News Agency (BTA), Bulgarian National Television (BNT) and Bulgarian National Radio (BNR) — are staging a national protest. The rally, scheduled for 12:00 PM at the..
The protest of ground public transport workers in Sofia continues for a second day with demands for higher wages. Protesters are demanding a salary increase of EUR 205 this year, EUR 255 next year, and EUR 307 in 2027. The Confederation of..
During the night, the skies will clear across the entire country. The weather will be calm in most places. There will be a light to moderate southerly and southwesterly wind in Eastern Bulgaria. The lowest temperatures will range between 4°C and..
Public transport workers in Sofia have announced a protest for Wednesday, 14 May, which is expected to cause significant disruption before noon. Although..
Bulgaria’s Minister Finance Temenuzhka Petkova has assured the European institutions that the adoption of the euro on January 1 next year remains a key..
A protest under the slogan "Decent work - decent remuneration! There is no economy without transport!" stopped the operation of all..
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