The American Credit Rating Agency S&P Global Ratings (previously Standard & Poor’s) has confirmed the long-term and short-term foreign and local currency sovereign credit ratings on Bulgaria at 'BBB/A-2' and revised the country’s outlook from positive to stable.
The revision is related to expectations for significant deterioration of growth in Bulgaria and in other countries in 2020 as a result of the measures adopted to contain the Covid-19 pandemic. However, given the significant contraction of the country’s macroeconomic imbalances, S&P Global Ratings expects the Bulgarian economy to recover in 2021.
The President has postponed the handing over of the first exploratory mandate for forming a government to GERB until January 13. Before the Epiphany ceremony in Sofia, Rumen Radev announced that the parliament should adopt a..
In sub-zero temperatures, nine Bulgarians jumped into the icy waters of Lake Michigan for the Epiphany cross, the Consulate General of Bulgaria in Chicago announced on its Facebook page. The cross was retrieved by 18-year-old Danail..
The compulsory Third Party Liability insurance for car owners may become more expensive due to changes in the Insurance Code, submitted by the government in parliament. This warning came from insurers who are dissatisfied with the planned removal of..
The problems with electricity supply during the Christmas and New Year holidays are the result of neglect of the electricity grid and the lack of control..
Armenians celebrate Christmas Eve on January 5 . On this occasion, a pre-holiday service will be held in the Armenian Church in Sofia. Pomegranates..
Vaccines against Covid-19 worth more than BGN 145 million (EUR 74 million) were discarded between 2022 and 2024 , according to an answer to a..
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