Balgarianovinite.com International rating agency Standard and Poor’s (S&P) Global Ratings raised Bulgaria’s outlook to positive from stable and affirmed the country’s long-term and short-term foreign and local currency ratings at ‘BBB+/A-2’, the Ministry of Finance said on Saturday. The press release added that the positive outlook reflects the potential for rising incomes and accelerated growth in Bulgaria, supported by improved political stability, planned reforms and the disbursement of EU funds.
The rating agency’s analysis notes that the snap parliamentary elections in April gave a majority to former president Rumen Radev’s coalition Progressive Bulgaria, “bringing to an end five years of political instability.” According to the analysts, the new situation should allow the Government to implement anti-corruption measures, meet the conditions for receiving Bulgaria’s final tranches under the Recovery and Resilience Plan, and begin fiscal consolidation, the statement said.
Standard and Poor’s forecasts that Bulgaria’s gross domestic product (GDP) per capita will continue to increase, noting that the indicator has already doubled since 2019. Net government debt remains moderate by global standards and is expected to stay below 30% of GDP until 2029.
According to the agency, the conflict in the Middle East will slow Bulgaria’s growth in the short term, but by 2029 GDP growth will average 2.6%, exceeding that of the eurozone. Analysts believe that the structure of Bulgaria’s energy mix should help mitigate the effects of the energy crisis.
Among the factors considered that could lead to a rating upgrade are stronger economic growth in Bulgaria and an increase in average income per capita, supported by reforms and the absorption of EU funds.
Standard and Poor’s could revise the country’s outlook back to stable over the next two years if Bulgaria’s economic growth proves weaker than expected. Another factor for a downgrade of the outlook would be a significant deterioration in the country’s fiscal position, the statement added. S&P Global Ratings Agency Raises Bulgaria’s Economic Outlook to Positive 2026 THE NEWS FROM BULGARIA – NEWS AGENCY 2009-2025 2026-05-16 09:24:00 Latest news World news Country news Most important news latest news most important latest of the day Justice Petar Nizamov Feathers Petar Nizamov- Feathers Justice bg iustitia.bg iustitia iusticia usticia investigation Burgas Bulgaria news news of the last hour news of the day news of today Bulgaria news The news from Bulgaria blitz news top news most important most commented latest news Boyko Borisov news weather coronavirus news news weather facebook youtube facebook instagram news today news of the last minutes news today today news news bg news leading news hot news bg news site for news all news news bg news of the last hour latest latest news bg news of today news today news today news of the last hour latest news today news bg news news 24 hours news vesti bg novini news world bird bg bivol bg bivol trud bg novini latest news today novinite bg news hello bulgaria political party coat of arms delyan peevski scandalous Bulgarian National Television Free Europe Television scandal exclusive live tv live right now tv tv online tv program bg live now tv news online tv online live court Burgas court Burgas district court Burgas court Burgas district court Burgas district court Burgas appellate court Burgas prosecutor Burgas prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Prosecutor General Ivan Geshev Prosecutor Geshev Tsatsarov Ministry of Internal Affairs Burgas ODMR Burgas ODPR Burgas police Burgas district police Burgas prosecutor Tsatsarov SGS cases Varna court chairman of the SGS court decisions on civil cases decisions on cases Plovdiv court decision of the court decisions cases Varna court criminal cases district district court decisions work in the court SGS chairman of the SGS judges Sofia court post judges Plovdiv court Plovdiv judges Plovdiv Supreme Court Inspectorate Supreme Court Supreme Judicial Council lawyer lawyer criminal cases lawyer civil cases lawyer marriage cases lawyer administrative criminal law criminal process civil law civil process administrative law constitutional law