Bulgaria recently welcomed positive developments in its credit rating, with rating agency S&P Global Ratings changing the country’s outlook from stable to positive and affirming several of its credit ratings.
Recent adjustments to Bulgaria’s credit rating from Fitch Ratings mirror the country’s continued economic growth, with Bulgaria’s outlook advancing from stable to positive and ratings affirmed in three areas.
Two Balkan countries rank in the top five most complex jurisdictions for accounting and tax compliance, with Greece coming in fourth and Turkey being the most complex place in the world, according to TMF Group.
Vladislav Goranov, Bulgaria's minister of finance, and Valdis Dombrovskis, commission vice president for the euro and social dialogue, recently held a press conference on Bulgaria’s progress toward joining the ERM 2 and the euro area.
The Intereuropa Group recently celebrated its 70th anniversary with a celebration at Hotel Bernardin in Portoroz, Slovenia, and a strong performance in the group’s revenue and profit reports for the first quarter.
Some analysts are excited about the growth in the Balkan country of Romania, a nation that, along with its neighbors, has often struggled to modernize and put aside some of the negative impact of past centuries.