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
The Bulgarian entrepreneur Spas Rusev has confirmed he is in talks to buy Telekom Romania.
Speaking to Capital, he added that because of the size of the possible transaction he is undertaking it with a partner.
Furthermore, he will at a future date also enter into talks to buy the Macedonian incumbent.
As previously reported by Broadband TV News, it was announced last week that Rusev, along with the Bulgarian-Albanian investor Elvin Guri, is to buy Telekom Albania from Deutsche Telekom subsidiary OTE for €50 million.
According to Capital, the acquisition is just the first step is his regional expansion in the Balkans.
Local reports say that Telekom Romania’s fixed and mobile businesses could be worth a total of over €1 billion.
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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
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022