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Bulgaria: Fitch Confirms Rating at “BBB-“
Politics ♦
Published: January 11, 2014; 16:11 ♦ (Vindobona)
According to Fitch, the outlooks are stable. In case of an increase in political and social tensions, Bulgaria´s current rating would be in danger, however. Bulgaria´s financial situation is satisfying, though.
Bulgaria: Fitch Confirms Rating at “BBB-“ / Picture: © Vindobona.org
Fitch Ratings has kept Bulgaria´s long-term issuer default rating (IDR) at “BBB-“. The local currency IDR remains unchanged at “BBB”. The outlook remains stable, Fitch ratings stated. Fitch underlined that the rating assumes that the tense social and political frame conditions in Bulgaria do not escalate. However, in terms of political and social considerations, Bulgaria shows…
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