ПРОГРАМИ
en de ru fr es sr gr al tr ro
Podcast in English
Share
Text size
Bulgarian National Radio © 2024 All Rights Reserved

S&P affirms Bulgaria's BBB rating with a stable outlook

Photo: BGNES

The international rating agency Standard & Poor's Global Ratings has confirmed the long-term and short-term credit rating of Bulgaria in foreign and local currency 'BBB/A-2'. This was announced by the Bulgarian Ministry of Finance. 

The outlook for Bulgaria's rating, according to S&P, remains stable. There is an improvement in expectations for the development of the Bulgarian economy, as domestic demand is more resilient to the impact of the pandemic than the agency's preliminary estimates. The decline in GDP in 2020 has been revised to -4.5%, compared to -6.5% set in the May S&P forecast.

The stable outlook reflects the agency's expectations for a rapid recovery of the Bulgarian economy after the pandemic, with no imbalances in the foreign and financial sectors over the next two years.

Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.
Radio Bulgaria Economy    credit rating economic forecast economic recovery economy GDP rating agency S&P

More from category

Bulgaria's public debt for 2023 was 22.9% of GDP

In 2023, the government budget deficit was 2% of GDP or €1.9 billion. This is indicated by the final data of the National Statistical Institute. This is a significant narrowing of the budget deficit compared to the previous 3 years...

published on 10/22/24 1:23 PM

Career and Life - Why in Bulgaria Forum took place in London

A forum entitled "Career and Life - Why in Bulgaria?", organized by the Bulgaria Wants You platform, was held at the Royal Geographical Society in London on October 20. The event, which took place for the second time, attracted significant..

published on 10/21/24 9:28 AM

Fitch Ratings: Sofia could be ready to adopt the euro in early 2025

International rating agency Fitch Ratings has affirmed Bulgaria's long-term foreign and local currency credit rating at BBB with a positive outlook, the Finance Ministry said. The positive outlook reflects the country's prospects for eurozone..

published on 10/19/24 1:43 PM

WEATHER
Pick city: Sofía
Rain / Snow
Min: 0 | Max: 4
Cloudy
Min: 7 | Max: 13
Cloudy
Min: 7 | Max: 12
Rain
Min: 0 | Max: 5
Snow
Min: 1 | Max: 2
Rain / Snow
Min: 3 | Max: 6
Rain / Snow
Min: 1 | Max: 5
Cloudy
Min: 5 | Max: 11
Rain
Min: 5 | Max: 7
Wet snow
Min: 1 | Max: 4
Rain / Snow
Min: 1 | Max: 4
Rain / Snow
Min: 4 | Max: 5
Rain / Snow
Min: 3 | Max: 5
Wet snow
Min: 0 | Max: 2
Rain
Min: 1 | Max: 5
Rain
Min: 4 | Max: 6
Scattered showers
Min: 3 | Max: 8
Scattered showers
Min: 5 | Max: 7
Cloudy
Min: 5 | Max: 10
Cloudy
Min: 6 | Max: 11
Rain / Snow
Min: 1 | Max: 3
Wet snow
Min: 0 | Max: 3
Rain
Min: 5 | Max: 10
Cloudy
Min: 3 | Max: 9
Rain
Min: 4 | Max: 9
Cloudy
Min: 4 | Max: 10
Cloudy
Min: 5 | Max: 11
BULGARIA IN PICTURES
Which world-famous Bulgarian artist designed QSL cards for Radio Bulgaria?
Yasen Gyuzelev
Theodore Ushev
Christo Javacheff - Christo
Ilia Peikov
Lika Yanko

BULGARIANS ABROAD

Български English Русский Deutsch Српски Français Ελληνικά Español Shqip Türkçe Română
MOST VIEWED

The value of the small consumer basket in Bulgaria has not changed in a year

Butter and vegetable oil are the products that have increased in price the most over the year. The retail price of vegetable oil will range between 3..

published on 11/29/24 5:05 PM

english@bnr.bg

+359 2 9336 661

Общи условия за използване на сайта | Политика за поверителност | Политика за "бисквитки"