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Bulgaria’s budget 2022: too generous and risky

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


Yanis Varoufakis: Bulgaria's entry into the eurozone would be a mistake

Yanis Varoufakis: Bulgaria's entry into the eurozone would be a mistake

The thinker, writer and ex-Greek finance minister talks to K Insights on the EU and why the Recovery and Resilience package was a mistake


The risky gambit with government debt

The risky gambit with government debt

The Bulgarian caretaker cabinet’s decision to not issue government bonds on the international market hasn’t worked well



Why we love the EU and pretend not to like Moscow; the two most endangered sectors in Bulgaria

Why we love the EU and pretend not to like Moscow; the two most endangered sectors in Bulgaria

K Insights 26/03: A lot of love for Brussels, a fraught relationship with Moscow and a snub from Beijing


Promises, promises: How will Bulgaria look like according to the economic programs of the parties

Promises, promises: How will Bulgaria look like according to the economic programs of the parties

The main parties’ pledges in the fields of taxation, finance, pensions, energy and business development policy


A lady you don't want to meet, 3 ways to look at the economy, and why you have to watch your steps

A lady you don't want to meet, 3 ways to look at the economy, and why you have to watch your steps

K Insights 19/02: Economy fares better than forecast, why we don't have good trains


Budget revenues rise even during the pandemic

Budget revenues rise even during the pandemic

Bulgaria’s budget gap widened in 2020 but the worst forecasts failed to materialize


A post-COVID economy

A post-COVID economy

What comes after the ups and downs of the Bulgarian pandemic cycle in 2020


Bulgaria's budget in crisis

Bulgaria's budget in crisis

Balanced fiscal policy takes a sharp turn towards rapid spending in the hope of election win next year


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


Corona-debt

Corona-debt

Bulgaria raised 2.5 billion euro through the sale of Eurobonds under favorable conditions in September. The question is what the GERB-led government coalition will do with the money


Time for new debt

Time for new debt

The higher ceiling for new debt issuance gives the Bulgarian government more fiscal room for policy-making


Bulgaria revamps budget as coronavirus bites

Bulgaria revamps budget as coronavirus bites

The government has revised the 2020 budget to cope with the fiscal fallout from the coronavirus crisis


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


Investors snap up Bulgarian bonds

Investors snap up Bulgarian bonds

Since the start of the year, the Ministry of Finance has been briskly selling government bonds amidst strong investor interest


Bulgaria and the global slowdown

Bulgaria and the global slowdown

Some industries are already losing steam


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


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


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