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Budget 2023: red lights everywhere

Budget 2023: red lights everywhere

The next government will have several options: raising taxes, increasing the deficit and debt, or reforming spending


Bulgaria slowing down on its way to the eurozone

Bulgaria slowing down on its way to the eurozone

The country does not meet the criterion of inflation but the political differences in the ruling coalition pose a bigger problem


Seven (or more) great ideas for Sofia

Seven (or more) great ideas for Sofia

A 1-million BGN pilot program by the Municipal authorities in the capital inspires citizens to propose urban development projects of their choosing


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


The Week: Borissov is defeated, now what; an e-car maker (eventually) arrives and still no sign from Brussels

The Week: Borissov is defeated, now what; an e-car maker (eventually) arrives and still no sign from Brussels

Fighter jets and politics, Bulgaria turning into Belgium, 8 billion leva in state gifts



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


Bulgarian banks weather stormy year in 2020

Bulgarian banks weather stormy year in 2020

The financial sector got a reprieve for the coronavirus crisis but risks are yet to come in 2021


Bulgarian stock exchange in 2020: COVID-19 and other disasters

Bulgarian stock exchange in 2020: COVID-19 and other disasters

The SOFIX index suffers worst drop since 2008, blue-chip stocks underperform broader market


It is not easy being a Good Neighbor

It is not easy being a Good Neighbor

Sofia’s decision to re-ignite identity disputes with North Macedonia comes at a sensitive moment, putting more than its good relations with Skopje in jeopardy


Bulgaria strikes at AirBnB, Booking.com

Bulgaria strikes at AirBnB, Booking.com

After unsuccessfully trying to shut down the lodging sharing service, the GERB-led coalition government imposes a small fee on apartment owners


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


Fibank trying to pass ECB’s bar

Fibank trying to pass ECB’s bar

Accrued loan impairment added up to over 65 million levs following the ECB's comprehensive assessment


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


Penalty mark for Bulgaria’s Green Card insurance

Penalty mark for Bulgaria’s Green Card insurance

The European insurance regulator has probed the ongoing issue of compensations paid in Bulgaria in the event of road accidents abroad


ECB’s test: who failed and who passed

ECB’s test: who failed and who passed

Four Bulgarian banks passed the European Central Bank’s comprehensive assessment, whereas Fibank and Investbank face capital shortfalls


Is Eurozone entry slipping away from Bulgaria?

Is Eurozone entry slipping away from Bulgaria?

Bulgaria may face fresh obstacles on its path towards the Eurozone and the Banking Union


The Venezuelan Connection

The Venezuelan Connection

Bulgaria’s national security agency has launched a probe into potential laundering of money from Venezuela via local private lender Investbank


What should Bulgaria expect from the euro?

What should Bulgaria expect from the euro?

It is now clear that euro zone membership has improved the economic performance of new member states


New stress tests for Bulgarian banks

New stress tests for Bulgarian banks

The European Central Bank will be conducting an assessment of six lenders starting in November