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Five forecasts for Bulgaria’s housing market in 2022

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


Manufacturing exports drive growth in Plovdiv province

Manufacturing exports drive growth in Plovdiv province

Its employment rate stands below Bulgaria’s average


The week: The cynicism of demographic mourners, final week of parliamentary dramas and GDP records

The week: The cynicism of demographic mourners, final week of parliamentary dramas and GDP records

Politicians play deaf and blind on stagnant vaccinations, but mourn demographic collapse, pensions, GDP go up - and so could concession fees


Bulgaria’s tax agency goes after big firms

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


Market recovery: Bulgarian enterprises are booming

Market recovery: Bulgarian enterprises are booming

Industrial turnover rose in the double digits in March and commodity exports hit an all-time high


The year of recovery

The year of recovery

The Bulgarian economy may return to pre-crisis growth rates as early as the fourth quarter of 2021 but the recovery process is uneven


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


The economy of Bulgaria’s regions: Sofia and all the rest

The economy of Bulgaria’s regions: Sofia and all the rest

Economic centers start to gain speed across the country but the capital continues to soar far ahead



Bulgaria’s (non-)recovery plan

Bulgaria’s (non-)recovery plan

Bulgaria stands to receive 12 billion levs (6.1 billion euro) in 2021-2026 from the Recovery Plan for Europe, and will be spending the funding as it always has - on weak, ineffective projects


Debt piling up

Debt piling up

Public debt will increase by 15 billion levs in 4 years to reach 30% of GDP by 2023


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


Small businesses’ big crisis

Small businesses’ big crisis

Small firms which make up more than 90% of companies in Bulgaria, were hit hardest by the Covid-19 crisis


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


Bulgaria’s GDP: Nowhere to go but up

Bulgaria’s GDP: Nowhere to go but up

The sharpest economic drop on record was expected to be followed by a quick recovery. The third quarter is not looking so good though.


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


Trends from Bulgaria’s regions

Trends from Bulgaria’s regions

Changes at large local employers drive 2018 growth in several Bulgarian districts


Economic growth slips

Economic growth slips

Bulgaria’s economic growth slows to six-year low of 2.4% in the first quarter of 2020. Timid signs of recovery can already be seen but it is still too early for optimism