Announcements
Drinks
18/6/2021 Rating announcement EN
Scope affirms Bulgaria’s BBB+ ratings with a Stable Outlook
The inclusion of the Bulgarian lev in ERM II, joining the Banking Union, low public debt alongside strengthened external and banking sectors are strengths. Vulnerability to shocks, governance challenges and electoral uncertainty are ratings constraints.
22/2/2019 Rating announcement EN
Scope upgrades Bulgaria’s long-term credit rating to BBB+, and revises the Outlook to Stable
Bulgaria’s declining public debt, advancement of reforms and adherence to convergence criteria, and strengthened external resilience underscore the upgrade. Vulnerability to shocks, financial system risks, and governance concerns are constraints.
27/4/2018 Rating announcement EN
Scope affirms Bulgaria’s long-term credit rating of BBB, and changes the Outlook to Positive
Bulgaria’s low public debt, commitment to reform and strengthened external resilience drive the outlook change. Vulnerability to shocks, private sector debt risks, lack of a lender of last resort for banks, and institutional concerns remain constraints.
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