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%.
President Rumen Radev has held a working meeting with Greek Prime Minister Kyriakos Mitsotakis. In Athens, they discussed the urgent activation of work on strategic bilateral projects. At a briefing, Radev said that the liquefied..
The Atlantic Council of Bulgaria has called on all "Euro-Atlantic-oriented MPs" to support the proposed GERB-SDS cabinet. If PP - DB do not wish to vote for the proposed cabinet, they can make its formation possible by not..
Today, the National Assembly will vote on the new government proposed by GERB-SDS. On Monday, upon receiving the first exploratory mandate, the largest parliamentary force, GERB-SDS, announced the lineup of the cabinet headed by Prime..
Bulgaria’s national team of mathematics put up an excellent performance at the Junior Balkan Mathematical Olympiad. Six Bulgarian students returned from..
The first joint operation of the newly formed Mine Counter Measures Task Group Black Sea involving Bulgaria, Turkey and Romania is to take place July..
On Tuesday the weather will be sunny and hot over most of the country. Clouds will form over Western and Central Bulgaria in the afternoon and there..
Partly cloudy, chance of rain
Mostly Cloudy
sunshine, cloud, rain and thunder