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 meeting with Bulgarian President Rumen Radev, His Holiness the Bulgarian Patriarch Daniil introduced him to the consequences of the final court decision on the possibility of registering a parallel "Orthodox Church" . During the conversation, Radev..
Zoran Milanović less than 1% short of being re-elected as president Croatia's incumbent President Zoran Milanović, the candidate of the opposition Social Democratic Party, won the first round of the country's presidential election on 29 December with..
From January 9, 2025, every traveler who wants to reach Terminal 2 at Sofia Airport by car will pass through barrier systems that register the license plates of the cars. This was announced by the airport operator SOF Connect. The new system..
The Regional Inspectorate of Environment and Water - Sofia has alerted the "Crimes against Wildlife" Department of the National Police Directorate General..
The problems with electricity supply during the Christmas and New Year holidays are the result of neglect of the electricity grid and the lack of control..
Vaccines against Covid-19 worth more than BGN 145 million (EUR 74 million) were discarded between 2022 and 2024 , according to an answer to a..
Mostly Cloudy
Partly Cloudy