Fitch Ratings credit rating agency has affirmed Bulgaria's long-term foreign-currency issuer default rating at 'BBB' with a positive outlook.
The Positive Outlook reflects the prospects of euro adoption, which would lead to further improvement in external metrics. Despite a series of inconclusive snap elections over the past two years, Fitch believes the key political parties remain committed to euro adoption.The required legislative amendments should be adopted once the political environment stabilises, with risks around the timeline for eurozone entry mainly tied to meeting price stability criterion, Fitch writes.
President Rumen Radev has rejected the government's proposal to appoint Denyo Denev as chairman of the State Agency for National Security. Denev is currently the acting chair. According to Radev, the ruling coalition serves..
At a briefing after today's government meeting, the Minister of Labor and Social Policy Borislav Gutsanov announced that the Council of Ministers had adopted a decision that would actually give start to the work for the return of..
Bulgaria is among the countries that are expected to block most of the European Commission's proposals for sanctions against Israel over its actions in the Gaza Strip, "Politico" writes. This is likely to happen on September 17 at a..
On Tuesday, the lowest temperatures will range from 10 °C to 15°C, around 11°C in Sofia. In the morning hours, there will be low clouds or reduced..
Bulgarian Defence Minister Atanas Zapryanov met his Albanian counterpart Pirro Vengu in Tirana on Monday in his first official visit to Albania, the..
On September 15, 2025, the Ambassador of the Russian Federation to Sofia, Eleonora Mitrofanova, was summoned to the Ministry of Foreign Affairs of..
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