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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
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
Is Sofia about to lose some of its air connections
Shortly before the start of its concession contract, state-owned Sofia Airport unveiled a plan to drastically raise its fees. Complaints from the biggest airlines using the airport put the plan on hold until after the general election expected in March.
Borissov and the bottomless budget
The government has opened its wallet, throwing money at COVID-19 in an attempt to cling to power and stave off protests
Time for new debt
The higher ceiling for new debt issuance gives the Bulgarian government more fiscal room for policy-making
The loophole of in-house procurement
The in-house procurement procedures – the awarding of public contracts without tenders, has become a favorite way to allocate money in a non-transparent manner
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
Storm clouds gather over Europe's economy
Bulgaria’s economic growth slows to 3.3% in the second quarter of 2019, in line with the general European trend
The Oligarchs' Coffer
The state-owned Bulgarian Development Bank has morphed from a small and medium-sized business aide to a lender of last resort for unstable and sometimes unsavory large companies
Hemus: a highway project rife with corruption opportunities
The Road Infrastructure Agency recently demonstrated how the authorities flagrantly flout public procurement procedures and transparency
Rumen Radev steps up his game
The Bulgarian head of state has grown bolder as he enters the third year of his term but he is still some way from launching a new political project
A lavish budget in election year
Government finance is set for a deficit in 2019 even though next year will likely be the last in the current positive economic cycle
А higher tax burden and a steep rise in public expenditure
The government is not using the good economic climate to balance the budget
EC remains moderately optimistic about Bulgarian economy in 2017
IMF raises Bulgarian GDP growth forecast by 0.1 pp to 2.9% in 2017
First fiscal surplus since 2008 – is it sustainable?
A prolonged political instability may lead to U-turn of the current possitive fiscal policy
SOFIX catching fire
Bulgarian stock market ranks second only to regional leader Croatia in 2016, but the growth is shaky and can easily wither
Is Bulgaria entering a debt spiral?
Since 2008 Bulgarian governments have failed to restrain the growing fiscal deficit, which could be a long-term problem for the budget