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Fitch confirmed the long-term Credit Rating of Bulgaria

The international rating agency “Fitch” (Fitch Ratings) confirmed the long-term credit rating of Bulgaria in foreign and local currency BBB with a positive outlook. The rating is supported by the strong external and fiscal position of the country, the reliable political framework of membership in the European Union and the long-term functioning of the currency board regime, said the Ministry of Finance. The positive outlook reflects plans for Eurozone membership. …