Hello and good evening to you with the news that the National Security Agency has launched checks on all the players on the energy market. Obviously, the coming energy crunch will affect everyone and the government is trying preemptively to score points against those who control the market.
Pandora leak: Peevski's new companies
The "significant agent of corruption", named as such by the US under Magnitsky act - Delyan Peevski, has more offshore companies no one has heard about. This is what the Bulgarian partner of the "Pandora papers" investigation - Bird.bg, reveals. 3 new companies - Felina Trade & Investment Inc., Verum International Limited and IGWT Limited - have been traced back to Peevski. Unsurprisingly, none of them has been revealed before the relevant state authorities, even though Peevski was obliged to do so by law when he was MP. However, it's still unclear what assets were controlled through them.
Bulgaria gets pushed on N.Macedonia again
At tomorrow's Western Balkans-EU summit in Slovenia, Bulgarian president Rumen Radev will be invited to a meeting with N.Macedonian PM Zoran Zaev, hosted by Angela Merkel and Emmanuel Macron. The Franko-German push indicates a strong desire to reach a decision on the issue of N.Macedonian negotiations with the EU. They are currently blocked by Sofia because of stalled progress on bilateral negotiations with Skopje. Tomorrow, K Insights will publish an article explaining Sofia's position.
EBRD gets a share in EuroholdThe European Bank for Reconstruction and Development has signed an agreement to acquire a minority stake in Euroins Insurance Group (EIG), one of the largest independent non-life insurance groups in central, eastern and south-eastern Europe. The EBRD is investing €30 million through a capital increase, while Еurohold, the insurance group's parent company, is providing a further equity injection of up to €12 million.
The funds will be used to help the group's operations and growth in Romania, Georgia, North Macedonia and Ukraine.
Eurohold is also the buyer of CEZ business in Bulgaria.