The international credit rating agency Fitch has affirmed Bulgaria's long-term foreign currency issuer default rating (IDR) at 'BBB' with a positive outlook.
Bulgaria's ratings are supported by its strong external and public balance sheets versus 'BBB' peers and a credible policy framework, underpinned by EU membership and a long-standing currency-board. This is balanced by unfavourable demographics, which weigh on potential growth and government finances over the long term, as well as by slightly weaker governance indicators than peers. Political uncertainty remains an important downside risk, given renewed prospects of new elections that could delay absorption of funds linked to the Recovery and Resilience Plan, which was finally approved in April, Fitch writes.
At night, the wind will shift from the north-northeast and bring in cold air. On Tuesday, cloudy weather will prevail. In many places there will be snowfalls. The lowest temperatures will be between minus 1°C and 4°C; in Sofia -..
The fire in a discotheque in the Macedonian town of Kocani, which killed 59 young people and injured more than 150, has prompted preventive action by the authorities in Bulgaria. The fire service has launched additional inspections of nearly 260..
Dozens of people have responded to the call of the Pirogov Emergency Hospital in Sofia to donate blood in support of the victims of the fire in Kočani, North Macedonia. The campaign is organized by the Bulgarian Red Cross. It will..
Fourteen people injured in the nightclub fire in the Macedonian town of Kočani have been admitted for treatment in Bulgaria, Pirogov Emergency Hospital..
A total of 59 people lost their lives and 155 were injured in a fire that flared up during a concert by the popular band DNK in North Macedonia last night...
A protest was held in the city of Pernik against animal abuse and for maximum sentences for two residents of the city, Gabriela Sashova..
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