Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Fitch confirm Bulgaria's long-term and short-term credit rating

Photo: EPA/BGNES

The Bulgarian Ministry of Finance has reported that Fitch rating agency has confirmed Bulgaria's long-term and short-term credit rating BBB in foreign and domestic currencies with stable prospects.

The agency recognizes that the country has sound external and public finances as well as a credible political framework for a step-by-step approach to the euro area. Bulgaria's economic growth in 2018 is expected to remain close to the one reported last year at 3.7%. The average annual inflation rate is projected to accelerate from 2.8% in 2018 to 3% in 2019.



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

Weather forecast: Temperatures continue to drop

Over the next 24 hours the weather will continue cloudy, with rain mostly in the Southwestern half of the country and sleet in high plains. The precipitation over Mounts Rila and the Rhodopes will be considerable. There will be a moderate, in..

published on 11/30/24 6:15 PM

A Kilogram of Kindness collects food for people in need

The Bulgarian Food Bank’s Kilogram of Kindness food drive, is collecting food for the needy for the 12th consecutive time. Four to seven tons of food with a longer shelf lifeis expected to be collected – such as rice, lentils,..

published on 11/30/24 4:44 PM

Eurobarometer: Bulgarians’ trust in the EU is a little over the average for the Union

A Eurobarometer survey has registered the highest level of trust in the European Union since 2007 and the highest level of support ever for the common currency, the euro, both in the EU as a whole (74%) and in the euro area (81%). In Bulgaria,..

published on 11/30/24 4:30 PM