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.
Bulgaria cannot intervene in the espionage case against Bulgarian citizens in the UK. This was stated by Prime Minister Rosen Zhelyazkov during parliamentary question time, in response to a question from the Velichie party. "Criminal justice is carried..
Bulgarians have traditionally had a deep respect and gratitude for domestic animals. For generations, horses, oxen, donkeys and cows have been indispensable partners in agricultural life, faithfully assisting people in their daily work. While..
More than 42% of Bulgarians are concerned about the development of artificial intelligence. According to a quick survey on the topic by the Myara agency, published by BTA, 37 percent of those surveyed said they were not familiar with..
Ways to improve the positions of the sides to the contract between Bulgaria’s Bulgargaz, Bulgartransgaz and Türkiye’s BOTAŞ will be discussed until..
A wave of outrage is sweeping over Bulgaria after a severe accident on the Telish-Radomirtsi road (Pleven region), in which 12-year old Siyana lost her..
Over the next 24 hours the weather in the country will be dynamic. After temporarily dispersing, after midnight the clouds will increase and the..
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