Announcements
Drinks

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.

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.

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.