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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
What should Bulgaria expect from the euro?
It is now clear that euro zone membership has improved the economic performance of new member states
When it walks like corruption, when it quacks like corruption
While the Bulgarian authorities appear to be cracking down on some allegedly corrupt officials and businessmen, oligarchic interests favored by those in power receive a significant economic boost
Banks pass new milestone
The banking sector is in good shape, breaking asset and profit records with the help of one-off events, mid-year data show
Gradus stirs the Bulgarian Stock Exchange
Investors hope that the IPO of Bulgarian egg and poultry producer could be a wake-up call for the somnolent domestic stock market
Bulgaria's media-industrial complex
Bulgarian politicians helped create Delyan Peevski’s media empire, but now fall prey to its unrestrained influence and his demands
Pension funds keep investing in related parties
Despite legislation against such practices adopted in 2017 they continue uninterrupted
Who bought Municipal Bank?
The broad political support for the deal coupled with doubts about the identity of the real buyer raises fears that Municipal Bank may suffer the fate of collapsed Corpbank
Household consumption remains Bulgaria's economic growth driver
Gross domestic product grew by 3.6% y/y in the fourth quarter of 2017, with a negative contribution from net exports and weak investment
SOFIX growth slows down amidst increased turnover
It is one of the best performing blue-chip indices in Southeast Europe since the beginning of 2017
Retailers: Almost All Report Higher Sales
Increased consumption is reflected in the sales of the retailers which grow over 10% in the top-30 group
Is the Bulgarian economy already operating at its potential?
The authorities need to start looking for new growth engines