Bulgaria's Eurozone Aspirations: Fitch Ratings Affirms Positive Outlook
Fitch Ratings, a leading credit rating agency, has affirmed Bulgaria's Long-Term Foreign-Currency Issuer Default Rating at 'BBB' with a Positive Outlook
Bulgaria stands to receive about EUR 72.8M in EU funding over seven years to deal with increased migratory pressure at its borders, the European Commission announced on Monday.
The allocation is part of the assistance to EU member states under the EU Commission’s Internal Security Fund (ISF) for the period 2014-2020. The ISF is composed of two instruments, ISF Borders and Visa and ISF Police, and backs national programmes for managing migration and fighting the challenges of organized crime and terrorism.
Bulgaria will receive about EUR 40.4B under the ISF Borders instrument to improve the surveillance and control of its borders plus some EUR 32M under the ISF Police instrument to boost security of consular services for issuing visas and improve verification of personal data of travellers crossing its borders. The ISF aims to help ensure a high level of security and crime prevention in the EU, while enabling legitimate travel and ensuring solid management of the Union's external borders.
The European Commission said on Monday it has approved 23 national programmes under the Asylum, Migration and Integration Fund (AMIF) and the ISF this month. The approved programmes are totalling EUR 2.4B for the period 2014-2020.
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Fitch Ratings, a leading credit rating agency, has affirmed Bulgaria's Long-Term Foreign-Currency Issuer Default Rating at 'BBB' with a Positive Outlook
Eurostat's latest findings have shed light on the shifting landscape of household energy prices in the European Union, with Bulgaria emerging as a frontrunner in affordability.
The National Statistical Institute reports that in 2023, the poverty line for the entire country stood at 637.92 BGN per person per month within households
Along the Southern Black Sea coast, preparations are in full swing for a successful and peaceful summer season, as confirmed by Minister of Tourism Evtim Miloshev following discussions with local authorities and control institutions
As summer approaches, Bulgaria's seaside tourism industry faces a daunting challenge as hotels may remain shuttered due to a severe shortage of staff
The real estate sector in Sofia has shown resilience in the face of ongoing pandemic challenges, maintaining stability across all segments in the first quarter of the year
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