Moodys upgrades Bulgarias rating to Baa2

Bulgaria: Moodys upgrades Bulgarias rating to Baa2

Officials from Moody's Investors Service motivated the upgrade of Bulgarias government debt ratings to Baa2 from Baa3 with three arguments:

The upgrade comes 4 months after their initial announcement for this action. According to Moodys, the rating outlook is stable.

Details on the ratings rationale are available here.