The American Credit Rating Agency S&P Global Ratings (previously Standard & Poor’s) has confirmed the long-term and short-term foreign and local currency sovereign credit ratings on Bulgaria at 'BBB/A-2' and revised the country’s outlook from positive to stable.
The revision is related to expectations for significant deterioration of growth in Bulgaria and in other countries in 2020 as a result of the measures adopted to contain the Covid-19 pandemic. However, given the significant contraction of the country’s macroeconomic imbalances, S&P Global Ratings expects the Bulgarian economy to recover in 2021.
On February 3, Prime Minister Rosen Zhelyazkov will participate in an informal meeting of EU leaders focused on strengthening European defense. The informal meeting will take place at the Palais d’Egmont in Brussels. The discussions will cover..
On February 3 (Monday), a joint contingent of officers from Bulgaria, Austria, Romania and Hungary will begin guarding the Bulgaria-Turkiye border, which is now an external border of the Schengen Area. The start of the joint operation will be..
Some of the existing mobile networks in Bulgaria will be switched off in 2025. The Chairman of the Communications Regulation Commission, Ivan Dimitrov, explained that the frequency resource will be reallocated, creating opportunities for better..
Nuclear physicist Vasil Gurev fell into a deep ice crevasse during geophysical scientific research on the Contell Glacier in Antarctica, near the..
For the third consecutive year, the Consulate General of the Republic of Bulgaria in New York hosted the annual alumni meeting of the American..
Bulgaria’s Minister of Interior Minister Daniel Mitov announced with a post on the social networks that the General Directorate for Combating Organized..
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