Fitch downgrades its credit outlook for Bulgaria, Latvia, Lithuania and Czech Republic

Fitch Ratings downgraded its credit outlooks for Bulgaria, Latvia, Lithuania and the Czech Republic to stable from positive today as Europe’s economic growth prospects deteriorate amid a sovereign debt crisis. “Strong economic and financial linkages mean that countries in central and eastern Europe are being adversely affected by downward revisions to economic-
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Bulgaria aims to replace the lev for euro currency within the next few years

Bulgaria has new aims to replace the Bulgarian lev for the euro currency within the next few years as Bulgaria's new fiscal plan aims to cut deficits and boost Bulgarian growth to move towards issuing the euro as it's national currency. The Bulgar

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