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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

Elections looming large, prosecutors denied and how Bulgaria remains at the end of the GDP tail in the EU
K Insights 5/03: Controversial changes to the media law were postponed, Eurohold wants to raise 100 mln euro on the stock exchange

Coronavirus puts pressure on Bulgarian banks
In the second quarter, banks’ profits plummeted due to higher provisions and declining interest and fee income

A toy war
How one toy retailer got mixed-up in anti-government protests and received an uninvited buy-out offer

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

The real estate market in Sofia shows first signs of recession
Sales increased in 2019 but, on average, prices stagnated

Is State Capitalism Marching On?
Within a brief period, Bulgaria’s government has aggressively injected billions of levs into key sectors, and has effectively started nationalizing businesses

Fibank trying to pass ECB’s bar
Accrued loan impairment added up to over 65 million levs following the ECB's comprehensive assessment

Bulgaria’s biggest companies post slower sales growth than regional peers in 2018
Oil refinery Lukoil Neftochim Burgas second biggest loser in Southeast Europe

How much has Dr. Ruja pocketed?
Until the fall of 2016 the OneCoin scheme earned 3.3 billion euro with a profit of 2 billion euro


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

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

Bulgaria’s residential market calms after years of growth
Prices have stopped growing, as supply and demand have started to equalize