Announcements

    Drinks

      Scope upgrades Bulgaria's credit ratings to A- and revises the Outlook to Stable

      11/7/2025 Rating announcement EN

      Scope upgrades Bulgaria's credit ratings to A- and revises the Outlook to Stable

      Euro area accession effective 1 January 2026 drives the upgrade. Institutional weaknesses and recurrent episodes of political instability, demographic pressures and vulnerability to shocks as a small, open economy remain key credit constraints.

      Scope has completed a monitoring review on the Republic of Bulgaria

      24/1/2025 Monitoring note EN

      Scope has completed a monitoring review on the Republic of Bulgaria

      The periodic review has resulted in no rating action.

      Scope affirms Bulgaria at BBB+ and maintains Positive Outlook

      2/8/2024 Rating announcement EN

      Scope affirms Bulgaria at BBB+ and maintains Positive Outlook

      Prospect of euro area entry drives the maintenance of the Positive Outlook, with robust economic growth and public finances further supporting the rating. Governance challenges, vulnerability to shocks and adverse demographics are constraints.

      Scope has completed a monitoring review on the Republic of Bulgaria

      8/3/2024 Monitoring note EN

      Scope has completed a monitoring review on the Republic of Bulgaria

      The periodic review has resulted in no rating action.

      Scope has completed a monitoring review on the Republic of Bulgaria

      12/1/2024 Monitoring note EN

      Scope has completed a monitoring review on the Republic of Bulgaria

      The periodic review has resulted in no rating action.

      Scope affirms Bulgaria’s ratings at BBB+, revises the Outlook to Positive from Stable

      21/7/2023 Rating announcement EN

      Scope affirms Bulgaria’s ratings at BBB+, revises the Outlook to Positive from Stable

      Expected progress on euro area accession, supported by new government, and sustained macro-economic stability drive the Outlook revision. Vulnerability to shocks, governance challenges and adverse demographics are constraints.

      Scope takes no action on Bulgaria

      3/2/2023 Monitoring note EN

      Scope takes no action on Bulgaria

      Monitoring review announcement

      Scope takes no action on Bulgaria

      26/8/2022 Monitoring note EN

      Scope takes no action on Bulgaria

      Monitoring review announcement

      Scope takes no action on Bulgaria

      11/3/2022 Monitoring note EN

      Scope takes no action on Bulgaria

      Monitoring review announcement

      Scope takes no action on Bulgaria

      3/12/2021 Monitoring note EN

      Scope takes no action on Bulgaria

      Monitoring review announcement