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S&P reaffirmed Sofia's credit rating of 'BBB' with a stable outlook

The international rating agency Standard & Poor's (S&P Global Ratings) has confirmed the long-term credit rating of the city –'BBB' with a stable outlook. This happens only a day after the adoption of Sofia's budget.

Sofia's rating is equal to Bulgaria's. This is a recognition of the financial policy followed by the team of Mayor Fandakova, based on financial discipline and a stable budget.

The key role of the economy of Sofia City in the country is another important reason for the rating agency to support its trust and to confirm its forecast for the development of the city.

Sofia joined the cities with investment ratings in December 2017.


Events in Sofia

Аlbum Rebirth of the star Bulgarian soprano Sonya Yoncheva and the conductor Leonardo Garcia Alarcon

Whether Yoncheva will perform the two songs at the concert with Placido Domingo in front of the St. Alexander Nevsky Cathedral on August 31 in Sofia will become clear soon when the repertoire of this performance is announced ...

Еxhibition: ANDREY DANIEL. BETWEEN TWO ERAS

Арril 13 – June 13, 2021; Venue: Sofia City Art Gallery ...

CINEMANIA World Film Panorama

Date: Sofia, Арril 8 – 22, 2021; Venue: Cinema House; Lumiere; Odeon; NPC – Hall 1&4; Vlaykova; G-8 Cinema; Euro Cinema and Institut Francais ...

25-th SOFIA International Film Festival

Over 129 films will be screened in Sofia cinemas; April 2 – 8, 2021; on-line tо 11 April, 2021 ...