The S&P Global Ratings have confirmed Bulgaria's long-term credit rating of 'BBB/A-2', the Bulgarian Ministry of Finance reports.
The medium-term economic consequences of the pandemic are manageable. Recovering domestic consumption and increased absorption of EU funds have been raising growth expectations.
Budget deficit will begin to shrink in 2022. Despite fiscal easing and rising public debt, net government debt remains low at up to 20% of GDP and state financing costs are at record lows. Inflation in Bulgaria will decrease in the second half of 2022, the analysis of the agency showed.
Bilateral relations between Bulgaria and Argentina have received a new impetus for development following the visit of an Argentine delegation from the Chaco province to Bulgaria at the beginning of November . High-ranking officials from the..
Employers are contesting the rise of the minimum wage. The Bulgarian Industrial Capital Association announced that they filed a complaint in the Supreme Administrative Court. About 430,000 people in the country work for minimum wage...
If the political crisis continues, the lost benefits will reach a threshold after which the Bulgarian business will begin to lose competitiveness due to growing deficits in education, healthcare, infrastructure, regional development and demographics...
“The main priorities businesses have – membership of the Eurozone and accession to the Schengen area by land – have receded to the background. They are..
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