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A toy war

A toy war

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


What a waste

What a waste

A large-scale Bulgarian business with international reach comes under unexpected attack from the prosecution


Remember those scandals

Remember those scandals

Before the COVID-19 crisis took center stage a series of crisis seemed to be shaking the government. Now they are conveniently overlooked.


The loophole of in-house procurement

The loophole of in-house procurement

The in-house procurement procedures – the awarding of public contracts without tenders, has become a favorite way to allocate money in a non-transparent manner


A Glitch on Bulgaria’s Euro Path

A Glitch on Bulgaria’s Euro Path

Prime Minister Boyko Borissov unexpectedly "freezes" Bulgaria's advance into the euro area despite positive signals from Brussels


Is State Capitalism Marching On?

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


No water to clean the garbage

No water to clean the garbage

Many Bulgarian towns live on water rationing and next to piles of imported waste because of intentional neglect by the authorities.


Fast Reads

Fast Reads


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.


A coastal city willing to grow

A coastal city willing to grow

Life is boiling in Burgas only during summer


Krumovgrad’s hill of gold

Krumovgrad’s hill of gold

Bulgaria’s first mine since the end of communism starts operating with a $165 million investment by Canada’s Dundee Precious Metals


Bulgaria’s new factories

Bulgaria’s new factories

Two-thirds of the largest investment projects are in Northern Bulgaria. The top investor is Germany


Pirates of the Black Sea

Pirates of the Black Sea

The seizure of a Libyan oil tanker by the Bulgarian authorities has drawn the country into an international scandal. The case has also shown how easily Bulgarian courts can be circumvented


Meet the cities: The northern island

Meet the cities: The northern island

In spite of its infrastructure woes and the lack of large new investments, Varna remains a point of interest and a city full of subdued energy. It’s time to release that energy and support it.


When it walks like corruption, when it quacks like corruption

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


The Deputy-PM Waging Multiple Wars at Once

The Deputy-PM Waging Multiple Wars at Once

Valeri Simeonov has proven himself as the most racy and controversial member of the third Borissov cabinet


Decarbonisation: The way forward for Bulgaria's energy system

Decarbonisation: The way forward for Bulgaria's energy system

Keeping current policies in place will increase the stranded costs and make transition even more expensive in the long run