Easter Monday in Bulgaria: Tradition and Family Visits
Orthodox Easter Monday is the day following Easter Sunday and is observed across Bulgaria as part of the wider Easter celebration within the Orthodox Christian tradition
Moody’s Downgrades DSK and Raiffeisen Banks
- Tweet
Send to Kindle
Photo: bloomberg.com
The rating agency Moody’s has decreased the deposit rating of Bulgarian DSK Bank to Ba2/Not-Prime as well as the deposit rating of Raiffeisen Bank to Ba3/Not-Prime.
Their perspectives for development have been further decreased to ‘’stable’’.
A month ago Moody’s confirmed Bulgaria’s rating of Baa2 with a stable perspective.
The decision should reflect the balance between a stable budget situation, sustainable economic recovery rates and initiated reforms as compared to the risks of external shock conditions, for example the current fiscal crisis in Greece or other political risks.
One of the main factors for the decision made by the rating agency is the lower level of Bulgarian foreign debt as compared to the rest of the countries in the same credit category, as explained by the Ministry of Finance.
Related Articles:
Bulgaria Sees Modest Monthly Industrial Growth, But 8% Yearly Drop Persists
Industrial output in Bulgaria posted a modest monthly increase in February 2026, but continued to decline sharply on an annual basis, according to preliminary, seasonally adjusted data from the National Statistical Institute.
Trade Unions Warn: Prices in Bulgaria Won’t Fall Back Even If Fuel Gets Cheaper
The president of the Confederation of Bulgarian Trade Unions, Plamen Dimitrov, has warned that inflation in Bulgaria is likely to exceed earlier projections, even if fuel prices begin to decline
ECB: Euro Adoption Brought Only Limited, One-Off Price Impact in Bulgaria
The introduction of the euro in Bulgaria has so far produced only a limited and largely one-off effect on consumer prices, according to an analysis by the European Central Bank
“Christ is Risen!” Bulgaria Celebrates Easter
Easter is the most important religious holiday in the Orthodox Christian calendar and is widely celebrated across Bulgaria. It marks the resurrection of Jesus Christ and follows the completion of Holy Week, which includes Good Friday and Holy Saturday
Over 6.57 Million Bulgarians Eligible to Vote on April 19
The Central Election Commission (CEC) in Bulgaria has confirmed that a total of 6,575,151 citizens are eligible to vote in the upcoming elections on April 19
Politics | April 11, 2026, Saturday // 23:00
Bulgaria Publishes 7,000 Public Contracts Worth Over €30 Billion in Transparency Push
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
Bulgaria Expects Fuel Price Drop as Oil Falls 20%, Says Finance Minister
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
Borrowing Surge: Bulgaria Raises Over €1 Billion in Early 2026 Debt Issuance
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
Is Another Crisis Coming? Bulgaria’s Central Bank Chief Flags Inflation Spiral Risk
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
Bulgaria Records 1.5 Billion Euro Budget Deficit in March, Highest in 15 Years
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
Bulgaria Ranks 38th in Economic Freedom, Between Costa Rica and Oman
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
