Weather In Bulgaria On March 29: Sunny Skies and Rising Temperatures Across The Country
Bulgaria is set to experience favorable weather conditions on March 29, with mostly sunny skies forecasted across the country
HOT: » Assessing the Legacy of Bulgaria's "Denkov" Cabinet: Achievements, Failures, and What Comes Next
The international rating agency Standard & Poor's (S&P Global Ratings) has confirmed Bulgaria's foreign and local currency rating 'BBB / A-2'. The outlook for the rating remains stable, the finance ministry said.
The agency expects that the military conflict in Ukraine will shock the Bulgarian economy and real GDP growth this year will slow to 1.6% from 4.3% in the November forecast, and the budget deficit will double to 5%.
S&P notes that the country's strong external and fiscal balances will help mitigate the shock, and a steady influx of EU transfers will support growth in the medium term.
The agency would raise our rating upon joining the Eurozone and lower it if the shock of the war on our economy is greater.
Follow Novinite.com on Twitter and Facebook
Write to us at editors@novinite.com
Информирайте се на Български - Novinite.bg
/BNR
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
In order to protect the economic interests of consumers, there will be a period of double labeling of the prices of goods and services - in leva and in euros
As Bulgaria inches closer to joining the Eurozone, concerns arise over the implementation of rounded prices in euros, potentially impacting citizens' wallets upon adoption of the single currency
On a briefing held at the National Press Club of BTA, Nikola Ilchev, the creator and organizer of the Balkan eCommerce Summit, showed projections indicating a significant rise in Bulgaria's e-commerce sector
The Ministry of Finance in Bulgaria has revealed that the process to facilitate the exchange of levs with euros in the country will come with a hefty price tag, estimated to be at least BGN 500 million
As Bulgaria steers towards adopting the euro, economists dispel concerns over potential price increases, assuring the public that the impact on inflation will be minimal
The Ministry of Finance has released a draft law for public discussion concerning the adoption of the euro in Bulgaria. The primary aim of the proposal is to ensure a smooth and transparent transition to the European currency
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022