Day in 3 news: Electricity compensation adopted by Cabinet; Bulgaria struggles with RepowerEU funds; Parliament PASSES ban on vapes

The week: The Bleak sea 🌊, Who's nominating the Bulgarian EU commissioner 🇧🇬💼, The train deal falls through 🚂❌

K Insights 26/07

Day in 3 news: Credit market grows by 500 mln levs in June; Stadler Polska quits train deal; EU Commission takes Bulgaria to court over 3 directives

PM Glavchev’s Caretaker Cabinet Acts to Preserve Coal Power Plants Until 2038

Bulgaria is moving towards renegotiation of its Recovery and Resilience Plan, putting in jeopardy EU payments.

Day in 3 news: Electricity bills to jump 40% MOM; IT crash disrupts cyber network; Glavchev to modify Bulgarian RRP to keep coal

The week: A vacuum spot on the EU map

We’re not the poorest in the EU anymore, yet we’re still mute, and a drug lord decides to go to prison

The day in 3 news: Recovery Plan laws next week; Bulgaria only uses 4.6% of EU Funds; 18% of Bulgarian students fail financial literacy

The largest hybrid project in the region is in the Bulgarian town of Razlog

The batteries were installed at a 33-megawatt solar park near Razlog, owned by Investo Partners, the ultimate owner of which is the Austria based Renalfa IPP

Eleven industrial parks in Bulgaria to get EU funding of 207 mln levs

The financing is provided under the Recovery and Resilience Plan, most projects are in the country’s north

The day in 3 news: Radev’s consultations start Monday; Borissov and Petkov clash over EU funds; Bulgaria to host IPCC conference

1 billion levs for Bulgaria’s startups

VC funds will distribute more than 1.5 billion levs of public funds for equity investments in companies over the next five years

Bulgaria set to relinquish 4.4 billion euros under the Recovery Plan

Parliament sabotages the second payment and puts the whole plan at risk by blocking the adoption of four laws and postponing the abolition of regulated electricity prices

The week: Why we no longer need EU cash

Who needs Europe's money? Or a Foreign Minister? Kozloduy gets US nuclear fuel

The day in 3 news: Sofia center blocked by energy protest; MPs vote for deferred electricity liberalization; 15 million levs for building renovation

Who wants a free market? Bulgaria postpones wholesale electricity market liberalization

Meanwhile, households will have missed the optimum moment for liberalization because electricity prices are currently at their lowest

Bulgaria has utilized only 4% of European funds since 2021

For the first time since joining the EU, Bulgaria has got along with almost no European funding for several years

The week: How hard is it to buy trains?

The train won't be coming, The free electricity market neither, And the new Constitution is a mess

Top 25 agricultural machinery dealers increase revenue by a third in 2022

All the importers in the top 25 have registered a profitable year

The week: Brace, the rotation is coming

The Suddenly-important Ministry, More Russian spies pop up, and Meta buys a company

Bulgaria’s new factories in 2023: Part II (The North)

Compared to previous years, projects are now equally distributed between southern and northern Bulgaria.