Russia Ends Decades-Old Fishing Agreement with Britain
In a move signaling heightened tensions between Russia and the West
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.
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GERB MP Daniel Mitov has announced his refusal to accept the offer to serve as acting foreign minister, citing concerns about becoming a pawn in the current power struggle
The Bulgarian National Assembly has unanimously voted in favor of a 30% salary increase for military personnel
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In a recent meeting of the European Council, Acting Prime Minister Dimitar Glavchev underscored Bulgaria's unwavering support for Ukraine amidst discussions surrounding the fight against disinformation and foreign manipulation of information
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Acting Minister of Transport, Georgi Gvozdeikov, has taken the unprecedented step of canceling the tender for the supply of 35 single-deck motor trains, valued at a staggering BGN 1.1 billion
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