Sofia's Credit Rating Upgraded to 'BBB+' by S&P, Boosted by Eurozone Prospects
On July 15, 2025, the international credit rating agency S&P Global Ratings raised Sofia Municipality’s long-term credit rating from “BBB” to “BBB+”
In response to growing security concerns in the heart of Sofia, the Ministry of the Interior has announced plans to bolster police presence in key areas, including the vicinity stretching from the Central Station to Maria Luisa Blvd. and the bustling pedestrian zone along Vitosha Blvd.
Chief Commissioner Lyubomir Nikolov, Director of the Sofia Police, revealed that an additional 266 officers will be deployed to oversee security at refugee centers in the capital. This decision follows a meeting of the Sofia Municipal Council, during which security issues were thoroughly discussed.
Nikolov emphasized that these officers will focus on areas with a significant criminal presence or where serious crimes are known to occur. Furthermore, he assured that sufficient surveillance cameras are already in place in the city center to monitor criminal activities effectively.
In the Ovcha Kupel district, where a refugee center is located, patrols will be intensified with the deployment of four dedicated police teams.
However, Commissioner Nikolov acknowledged a technical challenge, revealing that approximately 400 out of 3,800 video surveillance cameras operated by the Sofia Municipality are experiencing software issues that need to be resolved promptly.
Bulgaria is set to create a new National Defense Plan following the upcoming NATO Summit in The Hague
According to Alpha Research's latest survey on electoral attitudes in Bulgaria, GERB continues to lead with 25.5% support, maintaining a stable position compared to both the last elections and the agency’s January polling
GERB leader Boyko Borissov stated that Bulgaria had been held up as an example by the Supervisory Board of the European Parliament for successfully reviving what was once considered a failed Recovery Plan
Bulgaria has raised €3.2 billion in fresh foreign debt through international bond markets
The Ministry of Interior is set to equip Bulgarian police officers with 13,400 body cameras
Deputy Prime Minister Atanas Zafirov assured the public that the Bulgarian government is committed to managing inflation effectively ahead of the country’s planned transition to the euro
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