Send to Kindle
www.pixabay.com
The international rating agency Standard & Poor (S&P) Global Ratings upgraded Sofia's long-term credit rating from 'BBB-' to 'BBB', outlook positive, the Sofia Municipality press office reported.
According to S&P Global Ratings analysts, after the local elections in Sofia, there is continuity that will ensure further financial stability and the maintained high liquidity. The international credit agency expects Sofia Municipality to continue to maintain the high level of its own revenues, as before.
Sofia joined the cities with investment ratings in December 2017. The raising of the capital’s rating has happened a couple of days after Bulgaria’s credit rating was also raised. According to S&P Global Ratings rules, a city cannot be rated higher than its state.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
Amidst a flurry of political maneuvers, Bulgaria finds itself in the midst of a cabinet reshuffle that could have far-reaching implications for its foreign policy
Vasil Velev, Chair of the Bulgarian Industrial Capital Association (BICA), delivered a stark assessment of the European Union's (EU) economic performance, highlighting concerns over its lackluster growth compared to global counterparts
A scorching wave of heat has gripped Bulgaria, setting new temperature records across various regions of the country
In order to counter Russian influence in Bulgaria, a group of fifteen MPs, including prominent figures such as Nadezhda Yordanova and Ivaylo Mirchev, has submitted a draft law to the National Assembly
Bulgaria’s industrial sector faces a notable downturn, registering an 8.4% year-on-year decline in seasonally adjusted production for February 2024, as per the latest estimates from Eurostat
Amidst escalating tensions in the Black Sea region, US Secretary of State Antony Blinken delivered a message of solidarity to allies, emphasizing the unwavering support of the United States
In a recent report by the National Statistical Institute, Bulgaria's annual inflation rate for March witnessed a notable deceleration, settling at 3% compared to the previous month's figure of 3.0%
As Bulgaria grapples with a deepening political crisis and the looming specter of early elections, the economic ramifications are starkly evident
Bulgaria's aspirations to join the Eurozone in 2025 face significant hurdles as economic slowdown and political uncertainty pose formidable challenges, according to a recent analysis by the World Bank
Many Bulgarians living and working abroad are actively purchasing properties in their homeland
In a significant move toward Bulgaria's integration into the Eurozone, the European Commission (EC) has pledged support for the country's efforts to promote the adoption of the euro
As Bulgaria gears up to join the Eurozone, citizens are voicing their concerns and expectations regarding the transition
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022
