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.
Border Police remind that major repairs are underway on the Bulgarian section of the Danube Bridge in Ruse, and because of this, a temporary traffic organization has been implemented. Traffic is in one lane with a regulated flow, controlled by the..
On Friday, the minimum temperatures in Bulgaria will be from 7 to 12°C. In Sofia, it will be around 10°C. During the day, the cloudiness over the western and central regions will be broken and decrease to mostly sunny spells. After lunch, clouds will..
The explosions at a UN guesthouse in Gaza on March 19, which killed Bulgarian UN staffer Marin Marinov and seriously injured five others, were most likely caused by two Israeli tank shells. Marin Marinov is the Bulgarian who died in the attack..
When carrying out border control and compensatory measures, Border Police officers also carry out checks in the automated information..
Exactly at midnight, the Patriarch of the Bulgarian Orthodox Church Daniil announced the Resurrection of Christ and greeted the Bulgarians with “Christ is..
During the night, the cloud cover will break and decrease. There will still be light rain showers in some places in the southern..
sunshine, cloud, rain and thunder
Partly Cloudy
Clear
Partly cloudy, chance of rain
Mostly Cloudy