S&P Global Ratings has reaffirmed its long and short-term foreign and local currency sovereign credit ratings on Bulgaria at BBB/A2-, and kept a stable outlook.
The slow pace of vaccine rollout and the potential new outbreak of Covid-19 could lead to a weaker than expected recovery of external demand. The contraction of Bulgaria’s economy has been relatively weak, which is mainly due to the sustainable domestic demand. In the medium term (until 2024), the large flow of EU funds will provide a solid opportunity for economic growth. Despite the challenging domestic political environment and the Covid-19 pandemic, Bulgaria has maintained a strong fiscal position, reads the analysis.
EU energy ministers are meeting in Luxembourg to discuss the energy sector's contribution to the EU's competitiveness, wholesale electricity prices and winter preparedness. At the request of Greece, supported by Bulgaria, Romania and Croatia,..
BGN 1 billion (EUR 510 million) under the Strategic Plan for Agriculture and Rural Development 2023-2027 will be distributed between municipalities in Bulgaria in December 2024, said caretaker Minister of Agriculture and Food Georgi Tahov at the..
The remaining BGN 125 million (EUR 63.9 million) under the so-called ''Ukrainian aid'' will be paid by the end of November, caretaker Deputy Premier and Minister of Finance Lyudmila Petkova told journalists after a meeting with representatives of the..
“The main priorities businesses have – membership of the Eurozone and accession to the Schengen area by land – have receded to the background. They are..
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