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Bulgaria and Russia: a tale of two palaces
The Black Sea mansions of Vladimir Putin and Ahmed Dogan reveal a lot about the systems they created
Bulgarian Development Bank’s New Leadership
A dubious loan stirred public uproar in April, leading to the quick dismissal of the bank’s management but the new team seems unlikely to fix the systemic problems at the state-owned lender
The last strong year
The revenues and profits of the largest companies in Bulgaria increased rapidly last year but the Covid-19 crisis has put an end to a decade of growth
Seven days that shook Bulgaria
How a rubber boat landing on a Burgas beach caused a chain of events that led to protests across Bulgaria
The gambling war
The attack on gambling tycoon Vasil Bozhkov is yet another example of how politics and business in Bulgaria are intertwined
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
MRF Corporation
Launched as a party fighting for the political representation of Bulgaria’s ethnic Turks, the Movement for Rights and Freedoms has morphed into a quasi-business organization quietly pulling strings behind the scenes
Geshev Unchained
The new Bulgarian Prosecutor General Ivan Geshev moved into first gear from the outset, picking fights with oligarchs, rural criminals and even the president himself. Is he aiming at something bigger than just crime busting?
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
Having a fact-based opinion is now a felony in Bulgaria
The criminal sentence handed to Capital Weekly investigative journalist Rossen Bossev could serve as a precedent to suppress future journalistic investigations
GERB’s real (estate) troubles have just begun
A series of real estate scandals involving senior politicians, predominantly from the ruling GERB party or with ties to it, triggered hitherto unseen public outrage and serial resignations. The more profound effects are still to be felt
A dance with anti-liberalism
There are enough signals that Bulgaria is on the verge of joining the illiberal camp of Hungary and Poland in the EU, yet the government dare not take the final step
Russian-made, oligarchy-funded propaganda machine
How has hybrid propaganda so easily penetrated Bulgaria’s social space and what does this mean for society and democracy within Bulgaria?
The Airman, the Fireman and the Businessman
In a verbal spat between General Rumen Radev, a former fighter pilot, and General Boyko Borissov, a former fireman, the rarely mentioned name of business mogul Delyan Peevski emerged but that may not amount to much
The Oligarchs’ Development Bank
The government is pressing ahead with turning Bulgarian Development Bank into a new milker for businesses politically well-connected
Short stories: International Investors buy IT businesses while Peevski got back his printing house
Bulgarian tech companies start to appear regularly on global M&A map