Fitch Ratings credit rating agency has affirmed Bulgaria's long-term foreign-currency issuer default rating at 'BBB' with a positive outlook.
The Positive Outlook reflects the prospects of euro adoption, which would lead to further improvement in external metrics. Despite a series of inconclusive snap elections over the past two years, Fitch believes the key political parties remain committed to euro adoption.The required legislative amendments should be adopted once the political environment stabilises, with risks around the timeline for eurozone entry mainly tied to meeting price stability criterion, Fitch writes.
On December 11 and 12, President Rumen Radev continues consultations with parliamentary groups in the 51st National Assembly before the first exploratory mandate for forming a government is handed out. Today, President Radev will meet with..
On Wednesday, minimum temperatures in Bulgaria will range from zero to 5° C., for Sofia around zero. There will be fog in some parts in the lowlands in the morning. During the day there will be clouds with no significant precipitation, the clouds..
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It is too early to predict how the events in Syria would affect the war in Ukraine. This is what EU Defense Commissioner Andrius..
On December 11 and 12, President Rumen Radev continues consultations with parliamentary groups in the 51st National Assembly before the first..
We Continue the Change/Democratic Bulgaria (PP/DB) will propose the setting up of a parliamentary commission of inquiry to conduct a large-scale..
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