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%.
At a briefing before leaving for the summit of the European Political Community in Tirana, Albania, Bulgarian Prime Minister Rosen Zhelyazkov thanked the pro-European majority in the National Assembly. He recalled that all governments since 1997 have..
The Danish Minister for European Affairs, Ms Marie Bjerre, is visiting Bulgaria and the region ahead of Denmark's upcoming EU Presidency, which begins in July. During her visit, Ms Bjerre and Ms Nevena Lazarova, the Deputy Minister of Economy,..
Booker Prize winner Georgi Gospodinov will will be guest at the International Book Fair in Prague on 16 May at 5 p.m., as announced by the Zhanet 45 publishing house. He will present his novel Time Shelter , published in the Czech Republic as..
A protest under the slogan "Decent work - decent remuneration! There is no economy without transport!" stopped the operation of all..
The protest of the workers in Sofia's public transport, which has blocked the capital since the morning, is still ongoing , the chairman of the..
The idea of a referendum on the euro is supported by 63.3% of Bulgarians and 35.3% are "against". This is shown by an independent poll by the Myara..
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