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The labor market’s new groove

The labor market’s new groove

Fewer hirings ‘at any cost’, more flexible employment options, and cautious wage growth are among the new trends in the labor market prompted by the coronavirus


The deals of 2020: Few and far between

The deals of 2020: Few and far between

The pandemic practically froze the M&A market. Buyers are still mostly local faces


Tourism this season: between freedom and fear

Tourism this season: between freedom and fear

Bulgaria has to figure out how to attract people again


Wealthier, spending less and slowly recovering: the Bulgarian economy at the end of 2020

Wealthier, spending less and slowly recovering: the Bulgarian economy at the end of 2020

Unsurprisingly, GDP shrank in the fourth quarter. Wages were up, exports made a surprising comeback in December, and deflation will return for a while


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


Bulgaria’s new factories

Bulgaria’s new factories

Investment projects worth less than 430 mln levs were announced in 2020 - a third of the amount in 2019


Winter tourism’s ice age

Winter tourism’s ice age

The hotel industry is facing a season of uncertainty, with demand to depend on how the pandemic will develop


How Bulgaria let Covid-19 loose

How Bulgaria let Covid-19 loose

After an ineffective first lockdown, the government sleepwalked into the second pandemic wave - with deadly consequences


The largest construction companies

The largest construction companies

In addition to paying, the state is now constructing as well


Small businesses’ big crisis

Small businesses’ big crisis

Small firms which make up more than 90% of companies in Bulgaria, were hit hardest by the Covid-19 crisis


Who owns Bulgaria’s beaches?

Who owns Bulgaria’s beaches?

Beach concessions remain reserved territory for selected players - mainly people said to have been connected with mafia-style structures in the past and owners of big hotel chains


The loneliest summer

The loneliest summer

While small towns on the Bulgarian Black Sea coast enjoy the return of domestic tourists, large resorts traditionally relying on foreigner visitors look deserted


Bulgaria’s GDP: Nowhere to go but up

Bulgaria’s GDP: Nowhere to go but up

The sharpest economic drop on record was expected to be followed by a quick recovery. The third quarter is not looking so good though.


Economic growth slips

Economic growth slips

Bulgaria’s economic growth slows to six-year low of 2.4% in the first quarter of 2020. Timid signs of recovery can already be seen but it is still too early for optimism


Six lessons from COVID 19

Six lessons from COVID 19

Bulgaria weathered the first part of the pandemic unexpectedly well but then started failing


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


Bulgaria and the global slowdown

Bulgaria and the global slowdown

Some industries are already losing steam


Crumbs on the investment market for business properties

Crumbs on the investment market for business properties

Inflated prices, low liquidity and the slowdown of the world economy have brought about a sharp decline of sales in Bulgaria


Small, midsize and of ever increasing importance

Small, midsize and of ever increasing importance

For the first time, the yearly Gepard ranking of most dynamic small and midsize enterprises in Bulgaria by Capital comprises more than 2200 companies. They have increased their revenues by more than 30% in 2018.


The Burgas riddle

The Burgas riddle

The region finds it hard to expand beyond tourism despite its strong economic profile, good infrastructure and quality of life