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Radev’s revenge, the looming deficit and a frog

Radev’s revenge, the looming deficit and a frog

Reality is back with a vengeance, GDP keeps growing, and our Real Estate report is out


The lost decade of Bulgaria

The lost decade of Bulgaria

The governments of Boyko Borissov promised reform, but instead created an apparatus for extortion and clientelism


The dark era of Bulgarian football

The dark era of Bulgarian football

Over the past 15 years, professional football has turned into a closed system of interests, mired in corruption scandals and deteriorating quality. This might be finally coming to an end.



A toy war

A toy war

How one toy retailer got mixed-up in anti-government protests and received an uninvited buy-out offer


How the government bought a bank

How the government bought a bank

The government has cleared the last hurdle on the path to the Eurozone’s waiting room by purchasing a 20% stake in the private lender for 140 million levs


Is State Capitalism Marching On?

Is State Capitalism Marching On?

Within a brief period, Bulgaria’s government has aggressively injected billions of levs into key sectors, and has effectively started nationalizing businesses


MRF Corporation

MRF Corporation

Launched as a party fighting for the political representation of Bulgaria’s ethnic Turks, the Movement for Rights and Freedoms has morphed into a quasi-business organization quietly pulling strings behind the scenes


Ruse: Free spirit constrained

Ruse: Free spirit constrained

Bulgaria’s biggest city on the Danube has great untapped potential for growth but is struggling because of poor connections with Romania, the rest of the country, and the river itself


Seventeen moments of autumn

Seventeen moments of autumn

The recent spate of "spying scandals" involving Russian diplomats and the leader of Bulgaria’s National Russophile Movement Nickolay Malinov are more reminiscent of a bad Soviet-era joke rather than a real espionage drama


A new old gatekeeper of status quo

A new old gatekeeper of status quo

Ivan Geshev, a self-described "boy from the city’s suburbs", will become Bulgaria’s next prosecutor general in January. His selection will have dramatic implications for the rule of law


Witch hunter General

Witch hunter General

The selection of Ivan Geshev as the next Prosecutor General will likely go unopposed, triggering seven more wasted years on the anti-corruption front and even more blatant institutional abuse of power.


The Oligarchs' Coffer

The Oligarchs' Coffer

The state-owned Bulgarian Development Bank has morphed from a small and medium-sized business aide to a lender of last resort for unstable and sometimes unsavory large companies


Perestroika at Lukoil Bulgaria

Perestroika at Lukoil Bulgaria

Valentin Zlatev has been replaced after 20 years at the helm of the Russian company’s operations in the Balkan country


Guesthouses for politicians

Guesthouses for politicians

Ahmed Dogan: MRF honorary chairman strikes again in Varna


Having a fact-based opinion is now a felony in Bulgaria

Having a fact-based opinion is now a felony in Bulgaria

The criminal sentence handed to Capital Weekly investigative journalist Rossen Bossev could serve as a precedent to suppress future journalistic investigations


What should Bulgaria expect from the euro?

What should Bulgaria expect from the euro?

It is now clear that euro zone membership has improved the economic performance of new member states


Novichok shock

Novichok shock

Did Moscow test lethal substance in Sofia before Salisbury?


Who owns the newspapers in Bulgaria?

Who owns the newspapers in Bulgaria?

Most of their owners are semi-anonymous, print media lose ad revenue and sell their content to the highest bidder


Players to watch: Fifty shades of Conservatives

Players to watch: Fifty shades of Conservatives

Anti-liberal nativism is the new black on the Bulgarian political scene and this could cause serious trouble after the upcoming elections.