Moody’s confirmed Bulgaria’s long-term rating in foreign and local currency Baa1 with a stable outlook, reports the Ministry of Finance. According to Moody’s, Bulgaria can still meet its goal of adopting the euro from 2024, but the main scenario for the country assumes that this process will probably be delayed until at least 2025. The confirmation of Bulgaria’s Baa1 rating balances the following key factors: …
Moody’s confirmed the Credit Rating of Bulgaria and Predicts Postponement of the Euro
