Text size

Moody’s raises Bulgaria's the long-term rating

published on 10/10/20 1:49 PM

Photo: Archive

Moody's has raised Bulgaria's long-term foreign and local currency rating to Baa1 with a stable outlook, Prime Minister Boyko Borissov announced on his Facebook page. According to him, this is due to the progress of Bulgaria in joining the Eurozone and the successfully conducted reforms.

The Prime Minister adds that international experts have noticed an improvement in the country's debt profile, a reliable currency board and a good budget policy.

Within two months, this is the second authoritative international agency that gives a positive assessment of Bulgaria, Boyko Borissov writes. "Yet another international recognition of our fiscal policy obliges us to complete our work and not to deviate from the course," he concludes.

Последвайте ни и в Google News Showcase, за да научите най-важното от деня!

Radio Bulgaria News foreign currency local currency Moody's rating

More from category

Children and their parents make toys for the Christmas decoration of Sofia

Despite the bad weather, dozens of children and their parents took part in an initiative for making toys for the Christmas decoration of the capital city. At the initiative of Sofia municipality, a workshop was put up in the square in front of..

published on 11/30/24 3:46 PM

Democrats for a Strong Bulgaria to nominate Atanas Atanasov for president of the National Assembly (UPDATE)

The Democrats for a Strong Bulgaria (DSB) are to nominate the party’s leader Atanas Atanasov for president of the 51 st National Assembly. According to BNR sources, the decision was made by the party’s national leadership and will be put to..

updated on 11/30/24 3:24 PM

GERB will not sign PP/DB’s declaration for a cordon sanitaire around Delyan Peevski, Boyko Borissov says

During the regional GERB youth academy in Targovishte, GERB leader Boyko Borissov stated that GERB would not sign the declaration of We Continue the Change/Democratic Bulgaria (PP/DB) for a cordon sanitaire around Delyan Peevski. PP/DB calls..

published on 11/30/24 3:17 PM