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..
The natural gas supply agreement concluded with the Turkish company Botas is on the parliament's agenda at the request of GERB-SDS. The deputies will hear on the subject the current Minister of Energy Zhecho Stankov, the former Caretaker Minister of..
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..
For the third day in a row, Sofia will remain without ground public transport, the Center for Urban Mobility announced on its Facebook page. After a..
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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