Text size

Moody’s raises Bulgaria's the long-term rating

published on 10/10/20 1:49 PM

Photo: Archive

Moody's has raised Bulgaria's long-term foreign and local currency rating to Baa1 with a stable outlook, Prime Minister Boyko Borissov announced on his Facebook page. According to him, this is due to the progress of Bulgaria in joining the Eurozone and the successfully conducted reforms.

The Prime Minister adds that international experts have noticed an improvement in the country's debt profile, a reliable currency board and a good budget policy.

Within two months, this is the second authoritative international agency that gives a positive assessment of Bulgaria, Boyko Borissov writes. "Yet another international recognition of our fiscal policy obliges us to complete our work and not to deviate from the course," he concludes.

Последвайте ни и в Google News Showcase, за да научите най-важното от деня!

Radio Bulgaria News foreign currency local currency Moody's rating

More from category

Rain over Western Bulgaria, sun over the Black Sea coast

On Tuesday minimum temperatures will range between 15 and 21° C., for Sofia 15° C. During the day there will be sun, with clouds forming over Western and Central Bulgaria. There will be brief showers in many parts, with heavy rain and thunder mostly..

published on 8/4/25 6:35 PM

Egyptian vulture (for illustration purposes)

Egyptian vulture poisoned near Krumovgrad

A dead Egyptian vulture was found near the village of Hrastovo in Krumovgrad municipality , the press center of the Regional Directorate of the Ministry of Internal Affairs in Kardzhali announced. Samples were taken from the bird, which is a protected..

published on 8/4/25 6:20 PM

From vacations to AI - another month of decline in job openings in Bulgaria

Job offers in all sectors of the Bulgarian economy are decreasing in July, according to the analysis of a leading online job posting platform in the country. According to the data from the monthly analysis, a decrease of 12%, or over 5,000 jobs, was..

published on 8/4/25 5:58 PM