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The week: No EU money and other risks for Bulgaria, No new head of BNB (for now), and a whole new fascist to worry about

The week: No EU money and other risks for Bulgaria, No new head of BNB (for now), and a whole new fascist to worry about

K Insights 27/08: Bulgaria’s risky autumn, where do we invest and Sofia is great in tech



The pressure below surface

The pressure below surface

Bulgarian banks remained profitable in the first three quarters of 2020 despite the coronavirus impact but with the expiry of the credit moratorium drawing nearer pressure will likely increase on profit margins in the coming months


Bulgaria finally enters the euro’s waiting room

Bulgaria finally enters the euro’s waiting room

The country will continue implementing reforms in the judiciary and in the fight against organized crime and corruption, according to the ECB


A Glitch on Bulgaria’s Euro Path

A Glitch on Bulgaria’s Euro Path

Prime Minister Boyko Borissov unexpectedly "freezes" Bulgaria's advance into the euro area despite positive signals from Brussels


Economic outlook for Bulgaria remains (relatively) rosy

Economic outlook for Bulgaria remains (relatively) rosy

The chances of an impending recession are slim, the country’s forecast looks good compared to rising pessimism in Europe


SOFIX – new members, same downward trend

SOFIX – new members, same downward trend

BSE’s benchmark index hits 23-month low


Who bought Municipal Bank?

Who bought Municipal Bank?

The broad political support for the deal coupled with doubts about the identity of the real buyer raises fears that Municipal Bank may suffer the fate of collapsed Corpbank


Not so stressful test

Not so stressful test

The banking system review was expectedly positive, yet questions remain