The international rating agency Standard & Poor's has reaffirmed Bulgaria's long-term and short-term credit rating at 'BBB/A-2' in both foreign and local currency, maintaining a positive outlook.
According to the agency, the formation of a stable government shortly after the June elections will be crucial to avoiding a prolonged period of instability. If this is achieved, there should be no significant delay in Bulgaria's accession to the Eurozone. Even if Bulgaria does not join the Eurozone by 2025, Standard & Poor's anticipates the delay will only extend to January 1, 2026.
The agency also highlighted Bulgaria's strong economic growth prospects over the next few years, reinforcing their positive outlook on the country's credit rating.
Susan Falatko, a career diplomat, has officially arrived in Sofia on February 18 to take up her role as the Chargé d'affaires ad interim at the U.S. Embassy in Bulgaria
In the annals of Bulgarian history, few names resonate as profoundly as Vasil Levski. Known as the "Apostle of Freedom," Levski’s journey is not just one of resistance
The management program of Prime Minister Rosen Zhelyazkov's government spans 100 pages and is expected to receive approval today from the coalition partners
In Krivodol, a municipality in Northwestern Bulgaria, local authorities are taking steps toward the eurozone transition well ahead of the February 20 deadline
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