Russia Ends Decades-Old Fishing Agreement with Britain
In a move signaling heightened tensions between Russia and the West
HOT: » Assessing the Legacy of Bulgaria's "Denkov" Cabinet: Achievements, Failures, and What Comes Next
Moody's downgrades its UK credit rating after Prime Minister Theresa May's speech on the Brexit negotiations. Late yesterday, the international rating agency lowered the long-term rating of the British debt from Aa1 to Aa2 with a stable outlook, world agencies reported. According to Moody's, Brexit creates uncertainty and will severely affect the economy.
"While watching Theresa May's speech, I do not think it contains anything that will make us change our assessment," a Moody's official said on Saturday. "Over the next few years, we have much less confidence that the UK government will be able to meet its plans to cut debt - we are talking about a very heavy debt burden - maybe to reach some form of agreement with the EU that holds a substantial part of their rights, "said Alistair Wilson, managing director of global sovereign risk in Moody's, quoted by Dnevnik.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
Bulgaria has taken a firm stance against the recent Russian presidential elections held in the illegally occupied territories of Ukraine
The negotiations between GERB and "We Continue the Change-Democratic Bulgaria" (WCC-DB) have been extended until tomorrow at 12:00 noon, as announced by GERB.
Resigned Minister of Transport, Georgi Gvozdeikov, announced that Bulgaria is fully prepared to carry out air Schengen procedures,
Negotiations between GERB and "We Continue the Change-Democratic Bulgaria" (WCC-DB) hit a snag as the proposed draft composition of the Council of Ministers by GERB was deemed unacceptable by WCC-DB
President Rumen Radev has officially handed the mandate to form a government to the GERB party
In a significant development this morning, insider sources revealed that negotiators from the GERB and "We Continue the Change-Democratic Bulgaria" (WCC-DB) parties have unofficially reached an agreement on forming a cabinet within the 49th National Assem
Norwegian Inspiration: Bulgaria's Move Towards Environmentally Friendly Prisons
Nexo Is Suing Bulgaria For Over $3 Billion