Economic Trends That Will Impact Bulgaria in 2024

Four leading Bulgarian economists highlight the most significant trends of 2023.

Schengen by Air and Sea: What does it mean?

All EU member states approved Bulgaria’s and Romania’s partial entry into the free travel zone from 1 April, but are still to agree on full-blown membership

Euphoria Fading on Bulgaria's Housing Market

After peaking in 2021-2022, transactions and, construction permits are now declining, and price growth is slowing down

The week: The year ends on a high with a Budget and a Constitution, A ship company in trouble, and Russia gets slapped twice

K Insights Newsletter 22/12

The day in 3 news: EC approves Sofia’s energy plans; 500kg cocaine found on Bulgarian ship; Bozhkov again accuses Borissov and Peevski

Bulgaria’s Largest Textile Companies: Slight Recovery after Weak Years

In 2022, the combined revenue of the top 25 companies in the sector increased by 19%.

The agricultural sector in figures

The day in 3 news: EU vote sends 6 billion euro to Bulgaria; Industrial production still falls but at slower pace; National holiday stays on March 3

The week: To leave or not to leave, that’s Lukoil’s question

Russian oil derogation shenanigans, Bulgarian PISA tower crumbles, good times for bankers and farmers

The day in 3 news: Banks: GDP will grow, inflation will fall; Offshore energy again on path to regulation; Health ministry bust-up

Bulgaria's 2024 Budget: Focus on Infrastructure and Defense Investments

Finance ministry targets 3.2% GDP growth, sees inflation at 4.8%

The day in 3 news: Natural gas price rises by 6.5%; Terrorists still penetrating Bulgaria; Bultex to invest 45 million levs in new base

The week: A 7.5 tremor in the non-coalition

Tremors in the coalition, Budget is in, Mihailov is out and Zakharova is pissed

Bulgaria’s Top 50 Retailers in 2022: Inflation spurs turnovers

Kaufland remains leader, while Lidl approaches the top with a turnover of nearly 2 billion levs

Bulgarian-American LucidLink raises 75 million dollars

Local fund BrightCap was the first ever investor in the company, which has already attracted 115 million dollars funding in total

The day in 3 news: Still no chairman of Sofia Municipal Council; Population to shrink below 5 million; 50 million levs for heat pumps and aircons in capital

What if your business data was stored in an American cloud instead of a European one?

A new EU rule that aims to strengthen digital sovereignty may put smaller European companies relying on the US tech giants at risk

The week: Varna’s promise, Sofia’s divide, WCC's suspicious Brussels move, BG Football's dictator moment

K insights newsletter: 10.11

Bulgaria's Euro Ambitions: Tackling Inflation for Eurozone Entry

Bulgaria's government is targeting January 1, 2025, as the date for adopting the euro. A potential stumbling block could be the price stability criterion

The week: The mystery of the Bulgarian housing market

The (very) strange Bulgarian housing market, a not so strange election and a bag of coke