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.
10,335 tons of roses have been produced in Bulgaria in 2024, almost 1,000 tons more than last year, the Consultative Council on Oil Bearing Roses says. There are almost 3,000 rose producers registered in the country, and 53 rose oil distilleries..
If the general elections were to be held at the beginning of October, 6 parties and coalitions would enter the Bulgarian parliament, a Market Links poll, commissioned by bTV shows. GERB/SDS would earn 23.1% of the votes, followed by We..
Charges of trading in influence are to be brought against Dzheyhan Ibryamov after decisions were made to strip him of his immunity from prosecution as member of parliament and as candidate for member of parliament in the upcoming election...
Charges of trading in influence are to be brought against Dzheyhan Ibryamov after decisions were made to strip him of his immunity from prosecution..
If the general elections were to be held at the beginning of October, 6 parties and coalitions would enter the Bulgarian parliament, a Market Links..
What is the noise level of an airplane engine or a hand drill, a normal conversation, the movement of a car at a speed of 60 km/h, in a disco, at a..
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