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Farewell to wires
With labor costs rising, wire harness manufacturers are moving to cheaper destinations
Jock Palfreeman’s long fight for justice
The story of a young Australian who had to go through the failings of the Bulgarian justice system
Witch hunter General
The selection of Ivan Geshev as the next Prosecutor General will likely go unopposed, triggering seven more wasted years on the anti-corruption front and even more blatant institutional abuse of power.
The Venezuelan Connection
Bulgaria’s national security agency has launched a probe into potential laundering of money from Venezuela via local private lender Investbank
Brexit: What if there is no deal?
Although highly unlikely, the risk of UK’s departure from the EU without a formal agreement is still looming
Demand for business properties drops
The lack of high quality projects and rising prices cited as the principal reasons
Accelerator for Bank Mergers
After the sector shrunk by four banks in the last five years, at least two more sales and a merger are expected before year-end.
You’ll be sold if you are small or deficient
Narrowing margins, a result of negative interest rates and stringent regulations, make smaller banks less and less profitable
Why Are Western Investors Leaving Bulgaria?
Big and established international companies are selling their Bulgarian assets to East European or local buyers.
Prosecutors dig into Bulgarian-operated OneCoin scheme
OneCoin offices were searched at the request of German investigators on suspicion of involvement in a pyramid fraud scheme and money laundering
Russia’s Economic Grip on the Western Balkans
The Kremlin uses its influence in the region to try to divert it from Euro-Atlantic integration
Five Years After
Bulgaria’s will to protest might seem exhausted in the years following the summer of 2013, but dissatisfaction with the country’s politics still simmers
Untypical player set to enter Bulgaria’s banking sector
Hamburg-based boutique private lender Varengold Bank intends to open a branch in Sofia after Bulgaria’s Eurofinance acquired a share in it
Bulgarian companies dominate the DIY sector
The domestic do-it-yourself market recorded 13% growth in 2016
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
The Anchor of Bulgarian Economy
The currency board, probably the only unquestionable institution in Bulgaria, is viewed as a facilitator for accession to the Eurozone
Who’s buying Bulgaria’s Nova Television?
A withdrawal of MTG from the privately owned TV channel may give full media control to powers behind the scenes
CEZ mulls possible withdrawal from Bulgaria
The Czech power utility company has had twelve years of bumpy presence in the country