Political Instability Delays Bulgaria's Eurozone Entry, Says Rating Agency

Political instability is hindering Bulgaria's progress toward joining the Eurozone, according to an analysis by the rating agency Scope Ratings. The Berlin-based agency has maintained Bulgaria's credit rating at BBB+ with a positive outlook in both local and foreign currency.

Scope Ratings, an EU and European Central Bank (ECB) recognized external credit rating agency, first assigned Bulgaria a BBB+ rating in 2021....