Inside Bulgaria's Easter Celebrations: Traditions Passed Through Generations
Today marks the joyous celebration of Easter, one of the most significant holidays in the Orthodox Christian calendar.
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.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
Artificial intelligence is changing the world’s economic and political landscapes, pushing every country to increase their AI investments.
As the clock ticks down to midnight tonight, Bulgarians are reminded that April 30th marks the final day for filing their 2023 personal income tax returns
Bulgaria's National Bank has disclosed the country's external debt figures, revealing a notable increase in gross foreign debt at the end of February 2024
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 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
Bulgaria's long-anticipated entry into the Eurozone may face a delay, as the country is unlikely to meet the inflation criterion required for the introduction of the euro on January 1, 2025
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022