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Standard & Poor’s Raised the Outlook for Bulgaria’s Credit Rating

The international rating agency “Standard & Poor’s” raised the outlook for Bulgaria’s credit rating to positive from stable, the Ministry of Finance announced. The agency confirms the long-term and short-term credit rating of Bulgaria in foreign and local currency ‘BBB/A-2’. The positive outlook reflects the opinion of the rating agency that there is a probability, at least one in three, that Bulgaria will join the Eurozone in the next 24 months, informed the BNR. …