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Standard & Poor's has preserved Sofia's positive credit rating perspective. Photo by yoocards.com
The international credit rating agency Standard & Poor's has decided to preserve the BB+ rating with a positive perspective of the Bulgarian capital Sofia.
"The keeping of the positive credit rating means low levels of loans taken so far, and a cheap access to financial resources", said Minko Gerdzhikov, Deputy Mayor of Sofia in charge of finance.
In his interview for the 24 Chasa Daily published Monday, Sofia Mayor Borisov, who is currently on a medical leave, claims that Standard & Poor's would have bumped up Sofia's credit rating if it had not been for the bad credit rating of Bulgaria as the capital's rating could not be greater than that of the whole country.
Residents and visitors in Sofia will be able to park without payment in the city’s “blue” and “green” zones during the upcoming Easter holidays
A 40-meter-high Ferris wheel has been installed in central Sofia, becoming a new attraction for residents and visitors seeking panoramic views of the capital.
Health authorities have reported a total of 66 confirmed measles cases in Bulgaria, with the first infection now recorded in Sofia, according to data published on the Ministry of Health’s epidemic monitoring platform.
A total of 147 years have passed since Sofia was officially designated as the capital of Bulgaria
Restaurant and café prices in Bulgaria have increased sharply over the past decade, rising by close to 110%, according to analysis by the Institute for Market Economics
The Ombudswoman institution has voiced strong opposition to the proposed increase in heating prices in Sofia, which is expected to approach nearly 30 percent
The Ministry of Finance has released a broad public dataset covering more than 7,000 public procurement contracts with a combined value exceeding 30 billion euros
Caretaker Finance Minister Georgi Klisurski said he expects fuel prices at gas stations to ease in the coming period, pointing to a sharp decline in international oil markets
Bulgaria’s new government borrowing for 2026 has surpassed the 1 billion euro mark following the latest successful auction of state securities, according to data cited from the Bulgarian National Bank
Bulgaria recorded only a modest and one-off increase in inflation following the adoption of the euro on January 1, with the effect estimated at between 0.3 and 0.4 percentage points
Data released by the Ministry of Finance, covering budget execution for February 2026 and preliminary estimates for March 2026, indicate a marked deterioration in Bulgaria’s fiscal position
In the 2026 edition of the Index of Economic Freedom, compiled by the Heritage Foundation, Bulgaria is placed 38th out of 176 countries, positioned between Costa Rica and Oman
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