International agency Moody's has confirmed Bulgaria's credit rating of Baa2 with stable outlook. The analysis of the agency points out strong fiscal position, stable economy and broad reform agenda in this country. It forecasts that fiscal consolidation will continue in 2016 and during next year. "Moody's" expects that Bulgaria's budget deficit would decline to 1.3 percent of GDP in 2016. The agency predicts a slight slowdown in real economic growth to 2.8 percent this year.
Bulgaria sending troops to Ukraine is out of the question , caretaker Prime Minister Dimitar Glavchev said at the beginning of his hearing in parliament. Glavchev was briefing MPs on Bulgaria's position at the upcoming NATO summit in Washington. In his..
GERB leader Boyko Borissov said that his party would no longer take part in negotiations and that the next step would be elections. Speaking on the sidelines of Parliament, Borissov pointed out that after the rejection of GERB's government..
Upon entering Parliament, Lena Borislavova of the PP-DB commented on Delyan Peevski's indication that he would expel the rogue DPS MPs as his move to make the DPS a third political force. Yesterday, 30 DPS deputies supported the GERB-SDS proposal for a..
Hungary’s Deputy Interior Minister Bence Retvari stated that the abolition of Bulgaria and Romania’s Schengen borders by land is very important to the..
ContourGlobal Maritsa East 3 TPP has announced that another 160 people from the coal-fired power plant will be laid off in the coming months after the..
The position Bulgaria is going to the NATO summit with indicates that Bulgaria could offer Ukraine EUR 80 million , caretaker PM Dimitar Glavchev told..
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