Bulgaria remains a state captured by strong economic interests exerting systemic influence over key bodies in the administration and the judiciary
Bulgaria’s main ruling party may seem monolithic, but a series of scandals revealcracks in its foundations
Patriotic pop-folk singer, TV host and majoritarian electoral system supporter Slavi Trifonov is moving closer to making the first political reality format in Bulgaria
The number of people moving out of the country after it joined the EU did not rise
But social discontent from increasing social inequality could erode the support for ruling coalition in the mid to long term
Sofia hopes to make a breakthrough on the country’s membership in the Schengen area and Eurozone. It also hopes to change its image as an underachiever.
Who are the people to call when trying to decipher the upcoming Bulgarian Presidency of the Council of the EU
Bulgaria’s presidency of the Council of the EU is likely to run well but corruption, ultra-nationalists and language used by PM Boyko Borissov could spoil it all.
Moskow plays an oportunistic role on the Balkans, it is not agenda-setter
Government expenditures are set to reach record heights in next year’s budget but distribution of the money is expected to be as inefficient a process as ever.
The government is not using the good economic climate to balance the budget
Investment, consumption, and exports contributed to a 3.9% rise in GDP in the third quarter of 2017
Germans form the largest group of visitors to resorts, while visitors from Russia decrease
Car battery manufacturer’s large-scale expansion abroad sets it apart from other large Bulgarian companies
French company will invest 15 million euro in new aircraft components plant
China’s Bright Dairy yogurt is a rare example of branding a product as Bulgarian that turned out to be a marketing success.
The biggest retail chain in Bulgaria contributed 18% of the total turnover of the top 100 traders.
The 30 biggest retailers in the sector of the fast moving goods boost sales by 11% in 2016, way ahead of overall market growth of 1.6%
The cosmetics market is growing, with leader DM Bulgaria offering over 14,000 articles
Growth of construction and real estate sectors backs rise in furniture sales
The domestic do-it-yourself market recorded 13% growth in 2016
Six retail centers, including the four largest in Sofia, will about to be acquired by investment funds in the Republic of South Africa for a total of 1.6 billion levs
The sector exports mostly to Poland, exports to Russia have dwindled to a trickle and now Bulgarian wineries are looking for markets outside Europe.
The majority of the small and medium sized businesses are engaged in commerce
The government is pressing ahead with turning Bulgarian Development Bank into a new milker for businesses politically well-connected
Hamburg-based boutique private lender Varengold Bank intends to open a branch in Sofia after Bulgaria’s Eurofinance acquired a share in it
Stocks of the top gainer Doverie United Holding soar 128.5%
The never ending Bulgarian nuclear power plant project is ready for a new restart.
Keeping current policies in place will increase the stranded costs and make transition even more expensive in the long run