: :inin Kyiv (EET)

Section: Bulgaria

Fitch Maintains Bulgaria’s Credit Rating At ‘BBB-‘ With Stable Outlook
Dec20

Fitch Maintains Bulgaria’s Credit Rating At ‘BBB-‘ With Stable Outlook

Fitch has affirmed Bulgaria’s long-term foreign and local currency Issuer Default Ratings (IDR) at ‘BBB-‘and ‘BBB’, respectively, with stable outlook. According to the global rating agency, the affirmation and stable outlook reflect Bulgaria’s government plans to target expenditure-driven fiscal consolidation,...

EP Approves Association With Georgia, Calls Russia to Withdraw
Dec19

EP Approves Association With Georgia, Calls Russia to Withdraw

The European Parliament (EP) approved the EU-Georgia Association Agreement (AA) on Thursday. The AA provides for the establishment of deep political association and economic integration between the EU and Georgia, including the opening of their markets. This is the third AA in a row which the EP ratifies with its Eastern neighbours, the previous...

Lifting of Sanctions Against Russia Dependent on Ukrainian Integrity – EU
Dec19

Lifting of Sanctions Against Russia Dependent on Ukrainian Integrity – EU

The EU’s relationship with Russia and the crisis in Ukraine were among the main topics on the agenda of the European Council summit that was held in Brussels on Thursday. German Chancellor Angela Merkel warned that the EU is not to lift the sanctions against Russia unless Russian President Vladimir Putin is willing to make major...

EU Slaps New Sanctions on Crimea Targeting Energy, Tourism
Dec18

EU Slaps New Sanctions on Crimea Targeting Energy, Tourism

The European Union on Thursday announced additional economic sanctions against Crimea-based companies over what the bloc calls illegal annexation of the region by Russia. The new restrictions, announced ahead of an European Council summit in Brussels later on Thursday, ban all EU investment in the Black Sea peninsula and European cruise ships...

Putin Says Russia’s Economic Woes Will Be Over in Two Years
Dec18

Putin Says Russia’s Economic Woes Will Be Over in Two Years

President Vladimir Putin on Thursday pledged to diversify Russia’s oil-and-gas dependent economy and said he was confident the weakening rouble will recover. He blamed Western economic sanctions imposed over Moscow’s support for pro-Russian rebels in eastern Ukraine and the slump in oil prices as the reasons for the recent fall in the...

Bulgaria’s Socialist Party Demands Cancellation of Sanctions against Russia
Dec18

Bulgaria’s Socialist Party Demands Cancellation of Sanctions against Russia

The Bulgarian Socialist Party (BSP) demands that Bulgaria initiates the cancellation of the EU sanctions against Russia, said the party press office. The BSP parliamentary group tabled in the National Assembly a draft proposal on the need of reconsideration of the EU policies on sanctions against Russia. The document contains three main points: a...

Bulgarian, British PMs to Meet During EU Council Summit
Dec18

Bulgarian, British PMs to Meet During EU Council Summit

Bulgarian Prime Minister Boyko Borisov is to meet his British counterpart David Cameron during the upcoming summit of the European Council that takes place on Thursday and Friday in Brussels. This was announced by the press service of the Bulgarian Council of Ministers, but no further details were provided as to the nature of their meeting. Two...

EU Ready to Tighten Sanctions Against Russia
Dec17

EU Ready to Tighten Sanctions Against Russia

The European Union (EU) has readiness to tighten sanctions against Russia, by extending its ban on investments in the Crimea. The new measures will be directed towards limiting Russian explorations for natural oil and gas in the Black Sea, The Moscow Times reports. In this way the EU is signalling that the West is not going to lift its sanctions...

EU Has Readiness to Tighten Sanctions Against Russia
Dec17

EU Has Readiness to Tighten Sanctions Against Russia

The European Union (EU) has readiness to tighten sanctions against Russia, by extending its ban on investments in the Crimea. The new measures will be directed towards limiting Russian explorations for natural oil and gas in the Black Sea, The Moscow Times reports. In this way the EU is signalling that the West is not going to lift its sanctions...

Ski season officially starts in Bulgarian winter resorts
Dec17

Ski season officially starts in Bulgarian winter resorts

Despite forecasts for a snowless winter, it seems that this season will be a successful one for Bulgarian resorts. In order to rely not entirely on weather, owners of Bulgaria’s biggest mountain resorts have invested additional funds in snow-making equipment. The good news is that the price of ski packages will remain the same as last...

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