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Bulgaria faces first obstacles in absorbing EU Recovery funds

Bulgaria faces first obstacles in absorbing EU Recovery funds

The debacle over the implementation of the TETRA communication equipment project threatens the allocation of 2.6 billion euro worth of EU money for Sofia



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


The new euro-billions heading for Bulgaria just in time

The new euro-billions heading for Bulgaria just in time

Over the next 7 to 9 years, the country is set to receive up to 27 billion euros. The big question is their destination


Will the caretaker gov’t start a U-turn on Russia?

Will the caretaker gov’t start a U-turn on Russia?

On its second day in office, the new Bulgarian cabinet announced a course towards "containment of the chaos and destruction" in the energy sector. This might well translate as a pivot to Moscow


The week: "Year Zero" for anti-corruption, new cabinet or new elections, the quick end of the Gemcorp memorandum

The week: "Year Zero" for anti-corruption, new cabinet or new elections, the quick end of the Gemcorp memorandum

Captured state fights back, gas storage slowly fills up and a skyscraper that is not


What stands behind the arcane $1 billion investment memorandum with Gemcorp and IP3 funds?

What stands behind the arcane $1 billion investment memorandum with Gemcorp and IP3 funds?

Kapital Insights sheds light on the main points of the controversial memorandum signed by the two investment funds and the government


Chiren - Bulgaria’s sole underground gas storage facility

Chiren - Bulgaria’s sole underground gas storage facility

Bulgaria’s energy independence from Russia hinges on Chiren’s capacity


Eurohold acquires the biggest power distribution company in Bulgaria

Eurohold acquires the biggest power distribution company in Bulgaria

Less than a year ago, Eurohold Bulgaria acquired seven local companies of Czech energy group CEZ for 335 million euro


Bulgaria’s liberation from Russian gas

Bulgaria’s liberation from Russian gas

The apocalypse dreaded by many after Gazprom stopped its supplies to Bulgaria did not materialize – on the contrary, it became clear that Sofia can reduce its dependence on Moscow gas


The second F-16 deal: late and more expensive

The second F-16 deal: late and more expensive

Despite political hopes that the second batch of 8 US-made fighters would be cheaper, the initial offer price stands at 1.7 billion USD - a third more than in 2019


Recovery plan 3.0: fresh restart with trains and batteries

Recovery plan 3.0: fresh restart with trains and batteries

The state authorities decided to revamp the EU funds plan, squeezing in some radical ideas before being submitted by the end of April


Five Bulgarian cities considering introduction of low-emission zones

Five Bulgarian cities considering introduction of low-emission zones

Sofia plans to introduce low-emission zones in December 2022.


Three tunnels under the Balkan range: where and when

Three tunnels under the Balkan range: where and when

Road tunnels are to be built under the Shipka pass in central Bulgaria, Petrohan pass in the west, and close to the Black Sea coast in the east, regional development minister Grozdan Karadzhov announced


Sofia: big potential, lack of political energy

Sofia: big potential, lack of political energy

Excluding the subway and the garbage plant, substantive improvements have been lacking, even though the city has received 3 billion euro from the EU


A bitter-sweet victory, growth slows, how much does a supercomputer cost

A bitter-sweet victory, growth slows, how much does a supercomputer cost

The new wave is here, a Presidential battle looms, air traffic is up



Deal for CEZ’s Bulgarian assets finalized

Deal for CEZ’s Bulgarian assets finalized

One of the longest-running foreign investor exits was settled, after buyer Eurohold secures fresh financing


Bulgaria enters final miles of road to euro area

Bulgaria enters final miles of road to euro area

A roadmap for transition to the single currency puts focus on consumer protection and transparency


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