site.btaGERB Leader: Objective International Assessments Show That Bulgaria Is Stable, Has Upward Trajectory

GERB Leader: Objective International Assessments Show That Bulgaria Is Stable, Has Upward Trajectory
GERB Leader: Objective International Assessments Show That Bulgaria Is Stable, Has Upward Trajectory
GERB leader Boyko Borissov (BTA Photo/Milena Stoykova)

GERB leader Boyko Borissov wrote on Facebook Saturday that “objective international assessments show that this country is stable and has an upward trajectory.” Commenting on the recent upgrade of Bulgaria’s credit rating, he said that “this is another good sign for investors and for the Bulgarian economy following the decision for Bulgaria to join the euro area,” Borissov said. 

“For the first time Bulgaria has a rating in the high investment-grade category,” the GERB leader wrote. “European rating agency Scope Ratings upgraded our country's long-term credit rating to A- from BBB+. This is the third agency, after Standard & Poor's and Fitch Ratings, to report a positive outlook for Bulgaria,” Borissov said.

International credit rating agencies Standard & Poor's and Fitch Ratings upgraded Bulgaria's long-term foreign currency credit rating by one notch to BBB+. This marks the highest level within the upper-medium investment-grade category. 

The key factor for the upgrades is the Council of the European Union’s formal decision confirming Bulgaria’s entry into the euro area as of January 1, 2026.

/IV/

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By 20:20 on 12.07.2025 Today`s news

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