Fitch Raises Bulgaria Outlook to Positive, Keeps BBB+ Rating - Novinite.com

HOT: » Bulgaria's Summer Ritual: We Kill Each Other on the Roads, Then We Forget Fitch Ratings has affirmed Bulgaria ’s credit rating at ‘BBB+’ and upgraded the outlook from stable to positive, citing lower political uncertainty after the formation of a government supported by a single-party parliamentary majority. The agency said the more stable political environment could provide an opportunity to move forward with structural reforms aimed at supporting potential economic growth, increasing prosperity and strengthening public sector governance, while building on Bulgaria ’s progress toward Eurozone accession.