Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Sofia's long-term credit rating remains stable

Photo: Boris Dimitrov

The international rating agency Standard & Poor's (S&P) has confirmed the stability of Sofia's long-term credit rating - BBB, which is equal to Bulgaria's rating, the Sofia Municipality announced. According to the agency, the national GDP per capita is lower than the Central European and other comparable countries, but on the other hand Sofia has a clear strategy to present itself as an investment zone and а digital capital. 

The capital continues to have more stable economic indicators than the national average, despite the crisis with the Covid-19 pandemic. Sofia's revenues balance the unpredictable financial framework in which Bulgarian cities operate. The diversified local economy, low unemployment and financial discipline give S&P reason to maintain its confidence and confirm the forecast for the development of the capital. 
Standard & Poor's expects unemployment in the city to remain below the national average. Sofia has a limited amount of debt and a stable liquidity position, thanks to the sustainable financial results and external co-financing of its investment program. 
Therefore, the Bulgarian capital is expected to continue to have stable revenues and expenditures in the normalization of the economy.



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.

More from category

Photo-documentary exhibition about the April Uprising opens in the National Assembly

Today at 12:30 p.m. a photo-documentary exhibition on the topic "The Worldwide Echo of the April Uprising". will be opened in the Marble Lobby of the National Assembly. The great-grandson of William Gladstone - Francis Gladstone will..

published on 5/14/25 6:05 AM

The weather remains changeable

During the night , in places in Western and Central Bulgaria there will be precipitation, more intense around and after midnight in the Rila-Rhodope region and in the western part of Stara Planina. In some places thunderstorms are..

published on 5/13/25 7:45 PM
President Rumen Radev

President Radev: Majority is moving towards the eurozone, but distancing Bulgaria from Europe

In a statement issued today, President Rumen Radev said, "Fearing the outcome of a referendum on Bulgaria's readiness to adopt the euro in 2026, the new parliamentary majority has trampled on the Constitution and the law, using the Speaker of the National..

published on 5/13/25 6:51 PM