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A month without Borissov: something is rotten in the state of Bulgaria
State bank funding oligarchs, state firms funnelling billions into cartels and secret services loyal to the party rather than the state - these are just part of GERB’s corrupt legacy
Bulgaria’s tax agency goes after big firms
Caretaker Finance Minister Assen Vassilev has said his team will look into the dealings of all firms that benefited significantly from public procurement and subsidies from the previous government
The week: Kings of corruption named, Fresh start looms, 5 companies got 400 million euro from the budget
K insights 04/06: budget swings back to negative, Sin Cars get funding
The lost decade of Bulgaria
The governments of Boyko Borissov promised reform, but instead created an apparatus for extortion and clientelism
The week: The battle for Bulgaria has begun, Rumen Radev steps up, why the seaside beckons now
K Insights 28/05: Secret services revolt, energy sector on the brink and what’s wrong with the Nuclear Power Plant
How Bulgaria feeds its road cartel
The government has poured upfront close to 4.6 billion levs (2.35 billion euro) of taxpayers' money into road construction - with no tenders and no transparency
Most Dynamic: Grain, Manufacturing, Road Construction
The revenues of the 50 fastest growing companies increased by an average of 56% in 2019, with the largest companies growing particularly fast.
The Companies with lowest debt: The Pre-crisis Picture
In total, the liabilities of the top 300 companies in terms of revenue in the country grew by over BGN 4.5 billion, reaching almost BGN 50 billion
The Northern Road
What is happening with Hemus motorway which is supposed to connect Sofia with towns in the northern parts of the country all the way to Varna
The loophole of in-house procurement
The in-house procurement procedures – the awarding of public contracts without tenders, has become a favorite way to allocate money in a non-transparent manner
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
Bulgarian PM’s pride
Boyko Borissov often boasts of the infrastructure improvements made during his tenure but the process is uneven and mired in inconsistencies and bad planning
Corruption Watch: When it walks like corruption, when it quacks like corruption...
Beneficiaries of unlawful forest swaps get minor punishment
TOP30 of Bulgaria’s construction companies: Riding on the highway of public contracts
The sector has achieved significant revenue growth mostly stemming from government contracts for infrastructure projects, but also because of a revival in the real estate market
Hemus: a highway project rife with corruption opportunities
The Road Infrastructure Agency recently demonstrated how the authorities flagrantly flout public procurement procedures and transparency