Fitch Ratings Agency Re-Affirmed Bulgaria's Credit Rating

Finance | February 24, 2020, Monday // 07:30|  views

econ/BGNES

Fitch Ratings re-affirmed Bulgaria's sovereign long-term foreign and local currency Issuer Default Ratings (IDRs) at ‘BBB’, with a positive outlook. The agency emphasized that Bulgaria's economy will grow by 3.3% in this and next year.

“It is Bulgaria´s highest current account surplus on record and the highest in the ‘BBB’ and ‘A’ [rating] categories,” Fitch said

The agency sees a positive change in the country's future accession to ERM II.

 

We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!


Tags: Fitch Ratings, BBB, Bulgaria, credit rating

Back  

» Related Articles:

Search

Search