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Festive summer 2023: music events to look forward to
KInsights’ guide to the top concerts and festivals in Bulgaria in the coming 3 months
The week: Bulgarian politics in meltdown, corruption scandals revived and budget troubles
The unenviable task of trying to explain all this
Bulgarian economy: the start of a slowdown
The main growth drivers reached an inflection point in Q1 2023
The week: The captured state unravels, Mariya Gabriel gets a bad deal, while arms producers had a very good year
The country didn’t break. It was already broken
Oliva leads the food and beverage sector
In 2021 food and beverage manufacturers reached their pre-Covid business levels. This year, it’s inflation that is upsetting the market
Kastamonu Bulgaria to invest 150 million levs in tripling particle board production
The first part of the project, which will provide a key raw material for the plant, sparked protests among locals and was suspended by the environment minister
New residential buildings hit a 10-year record in Bulgaria
Four out of five newly constructed buildings are houses, with the average area of the dwelling rising to 110 sq.m in 2022
How did Bulgaria get so expensive?
Record costs of essential foods have been driven by uncertainty in the supply chain, speculation, rising wages and inelastic demand
The week: Goodbye to the euro, see you again sometimes?
Is the euro coming at all, the Russian assets in Bulgaria are in for a freeze, trouble at the European prosecution
Bulgarian banks’ profit hits record 2 billion levs in 2022
The banking sector posts the strongest growth in all segments since the global crisis
Bulgarian ski resorts suffer from warm winter weather in December
The hospitality sector reports cancellations, hopes for a longer season
Nexo’s troubles, Bulgaria refuses to close coal plants, Lukoil returns
Prosecution goes after cryptobank, no chance of gov’t and coal to stay until 2038
Bulgarian economy to slow down in 2023
Institutions don’t bet on a recession in their forecasts for 2023 but there are problems
Growth in housing prices in Plovdiv, Varna and Burgas
In the two seaside cities deals increased at the beginning of 2022, but in Plovdiv their number decreased slightly