The day in 3 news: 5 appeals block tender for Serbian gas link, Coursedot raises $1m, GDP per capita reaches 55% of EU average

Balkan stream

The day in 3 news: 5 appeals block tender for Serbian gas link, Coursedot raises $1m, GDP per capita reaches 55% of EU average

Balkan stream

© Yulia Lazarova


Two years ago, Bulgaria sold its last medical helicopter and was left with no system for air medical care. That will continue for at least another three years, according to caretaker Minister of Health Stoycho Katsarov. He maintains that steps have been taken for the purchase of six medical helicopters, but the process was never finalized.

5 appeals block tender worth 173m levs for Serbian gas connection

The construction of the gas interconnector between Sofia and Nis will be delayed. Since Bulgartransgaz announced the ranking of applicants in the procedure, the Commission for Protection of Competition has received a total of 5 appeals from companies that lost in the bid. This means postponing the project - which, unlike Turkish Stream, is a real opportunity for diversifying gas supply, for several months.

Bulgaria's Coursedot raised $1m

Local IT company Coursedot has raised 1 million dollars in two funding rounds. Most of the financing came from the fund Morningside Hill, and Eleven joined with a smaller amount. The investment estimates the company's valuation at about 12 million levs. Coursedot offers a platform for IT training.

GDP per capita increased in 2020 compared to the average in the EU

In 2019, Bulgarian GDP per capita in PPS was equal to about 53% of the EU average - the lowest among member states. In 2020, it's still the lowest, but it has increased by 2 percentage points to 55%, according to preliminary data by Eurostat. The rate of change is similar to other European countries in the region in the past decade but since Bulgaria started from a very low level, it is expected to converge with EU averages at a faster rate. If this rate continues, the country can expect to reach EU averages after 2040.

Two years ago, Bulgaria sold its last medical helicopter and was left with no system for air medical care. That will continue for at least another three years, according to caretaker Minister of Health Stoycho Katsarov. He maintains that steps have been taken for the purchase of six medical helicopters, but the process was never finalized.

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