International agency Moody's has confirmed Bulgaria's credit rating of Baa2 with stable outlook. The analysis of the agency points out strong fiscal position, stable economy and broad reform agenda in this country. It forecasts that fiscal consolidation will continue in 2016 and during next year. "Moody's" expects that Bulgaria's budget deficit would decline to 1.3 percent of GDP in 2016. The agency predicts a slight slowdown in real economic growth to 2.8 percent this year.
The planned liberalisation of the electricity market for household consumers on 1 July this year will not take place, MPs decided at the first reading of amendments to the Energy Act. Before the final adoption of the texts, a working group will..
Six Bulgarian nationals found guilty of spying for Russia by London's Central Criminal Court in March will be sentenced by the same court this afternoon, reports BNR correspondent Veselin Paunov. The final verdict is expected by Friday at the latest...
Vice President Iliana Yotova, Minister of Culture Marian Bachev and the Mayor of Montenegro's historic capital Cetinje Nikola Djurašković have named a street in the city after Bulgarian writer Ivan Vazov. In the Balkans, we share a common history,..
A water blessing of the battle flags and sacred banners was held on Saint George’s Day at the Monument to the Unknown Soldier in Sofia...
On Saint George's Day, the newly elected hegumen of the Zograf Monastery on Mount Athos, Father Gavriil, was elevated from hieromonk to..
''On the eve of the Day of Bravery and the Bulgarian Army — May 6 — I address you with a sense of gratitude and appreciation. You fulfill your military..
sunshine, cloud, rain and thunder
Thunderstorms 