Bulgarian banks’ Jan-July profit rises to 400 mln euro

Еarnings come from growing credit portfolio, higher income from fees on operations

The week: Yet another saviour on the horizon, Fourth Covid wave is here and some good news for the budget

To party or not to party, that is Kiril Petkov’s question, (some) Covid restrictions, after all, and even more expensive electricity

The biggest companies in 2020: New model, new champion

Bulgaria’s biggest companies were only mildly hit by the coronavirus. Total revenue of the top 100 firms decreased by just 7% in 2020.

The day in 3 news: Presidential elections on 14 November, Bank profits reach 400 mln euro in July, Budget surplus reaches 450 mln euro

The day in 3 news: Gov’t mulls Covid restrictions; FDI falls by 16 mln euro in H1 2021; Economy minister demands new resignations in state-owned companies

The Week: Russia’s silent move, Parliament in mayhem, Housing market booms

Old faces, new falls from grace and a BMW you can buy cheap

This week: Bulgaria finally sets foot on three seas, Elections are here (again) and how to lose 550 million on gambling

An e-car maker might land in Lovetch, you can fly to Varna

The week: The offices will stay empty, GERB is on the ropes, the Revenue agency raises its game

The day in 3 news: Changes in administration continue, Development bank keeps its rating and industrial holdings grow significantly

Journalists SLAPPed, threatened and pressured; cabinet purges "kalinki", while Left and Right gear up for elections

The troubles of being a journalist in Bulgaria, every final decision is penultimate and who are the ladybirds of the administration

Gifts to The Wolf from Borissov’s third cabinet

A concessionaire gets an allowance instead of a penalty, a hotel is speedily being constructed with no documents, and a firm with 150 mln levs in debt is sold for 100 levs

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

Russia is back, Parliament is stuck, universities and politics don't mix well, and Sofia Airport is now private

K Insights 23/04: Some problems in the budget and a hope for sunshine in North Macedonia

The elections are finally here, World Bank and the US criticize Bulgaria, tourism is down 70%

K Insights 02/04: the lockdown ends; how to buy something that doesn't have a price

Coronavirus wipes out half of banks’ profit in 2020

Weak lending and COVID-19 measures are to blame. For a second year in a row, Bulgarian banks will skip dividend

The day in 3 news: President Radev announces reelection bid, the landslides become a big problem, banks’ profits fall by 50% in 2020

France’s GeoPost acquiring a further 45% in Bulgaria’s Speedy

The new majority owner launches a buyout bid valuing the Bulgarian company at 161 mln euro

Coronavirus puts pressure on Bulgarian banks

In the second quarter, banks’ profits plummeted due to higher provisions and declining interest and fee income

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

Bulgarian Stock Exchange: blue chips underperform broader market in H1

Investors find safe-haven in REITs