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.
Martin Vladimirov, director of the Geoeconomics Program at the Center for the Study of Democracy, said in an interview with the Bulgarian National Radio that the most beneficial outcome for Bulgaria would be for a strategic Western investor to acquire Luk
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The Bulgarian government under Prime Minister Rosen Zhelyazkov says the country is fully prepared for the switch from the lev to the euro on 1 January 2026, having finalised key legislative and operational steps.
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