Bulgarian economy: the start of a slowdown
The main growth drivers reached an inflection point in Q1 2023
How did Bulgaria get so expensive?
Record costs of essential foods have been driven by uncertainty in the supply chain, speculation, rising wages and inelastic demand
The week: Goodbye to the euro, see you again sometimes?
Is the euro coming at all, the Russian assets in Bulgaria are in for a freeze, trouble at the European prosecution
Housing loans in Bulgaria rank among the EU’s cheapest
Over-liquidity at local banks and the BNB’s policy ease the ECB tightening
Bulgarian economy to slow down in 2023
Institutions don’t bet on a recession in their forecasts for 2023 but there are problems
Growth in housing prices in Plovdiv, Varna and Burgas
In the two seaside cities deals increased at the beginning of 2022, but in Plovdiv their number decreased slightly
Rents going up more slowly than housing prices
Home rents increase, following the rise in mortgage payments, incomes and inflation.
Petar Andronov, KBC Group: The main prognosis is for a "soft recession"
Belgian KBC Group expects 0.7% GDP growth in Bulgaria for 2023
A hidden fight "for" and "against" euro adoption dogs Bulgaria
Vazrazhdane turned a draft analysis about the impact of Eurozone entry by the National Bank into an attack on Bulgaria's renewed efforts to adopt the common currency from 2024
The housing market: the top is near
High demand and low supply drive prices up. War, weakening economies and rising mortgage rates may cool down the market
A new model: a company builds apartments for lease
AG Capital plans to build 1,000 apartments for this purpose. Then the company will sell them to a fund in a package
Postbank: mortgage loans rise in value, number of applications stable
The bank’s records show an average increase in property prices of 13% y/y in Q1 2022
Bulgaria’s anti-inflation measures: chaos and populism
The government will spend 2 billion levs on populist measures without targeting the most vulnerable groups in society
Bulgaria’s budget 2022: too generous and risky
The finance ministry proposed a draft budget for 2022 with a deficit equivalent to 4.1% of planned GDP and significant debt growth
Five forecasts for Bulgaria’s housing market in 2022
Most expectations are for more of the same, but rising interest rates and soaring prices of construction materials might cool down the sector
A step away from OECD membership
Bulgaria has a real chance to become one of six new members of the "club of mostly rich countries" soon
Inflation is here and it will stay
High prices of raw materials and energy for business have already hit consumers
Bulgaria explained: Why do Bulgarians live in overcrowded apartments?
Еvery Tuesday we look at the Eurostat regional yearbook statistics and explain some curious data on Bulgaria