Mortgage lending did not bend to the pandemic

The overall property loan volume in Bulgaria grew in 2020 as demand remained high even during the pandemic

Small businesses’ big crisis

Small firms which make up more than 90% of companies in Bulgaria, were hit hardest by the Covid-19 crisis

The pressure below surface

Bulgarian banks remained profitable in the first three quarters of 2020 despite the coronavirus impact but with the expiry of the credit moratorium drawing nearer pressure will likely increase on profit margins in the coming months

Bulgaria’s GDP: Nowhere to go but up

The sharpest economic drop on record was expected to be followed by a quick recovery. The third quarter is not looking so good though.

Economic growth slips

Bulgaria’s economic growth slows to six-year low of 2.4% in the first quarter of 2020. Timid signs of recovery can already be seen but it is still too early for optimism

Bulgaria revamps budget as coronavirus bites

The government has revised the 2020 budget to cope with the fiscal fallout from the coronavirus crisis

Six lessons from COVID 19

Bulgaria weathered the first part of the pandemic unexpectedly well but then started failing

Bulgaria gliding on the waves of the economic cycle

The local economy continues to move in sync with European trends, while opportunities for reforms slowly dwindle

Bulgaria's sluggish advance in the EU

The economy has grown, industry is turning towards higher technology, but reforms have stagnated, hindering the country’s potential

A budget to appeal to everyone

There is enough room for maneuvering in case of an economic downturn but reforms are nowhere in sight

Instead of a thousand words

ECB’s test: who failed and who passed

Four Bulgarian banks passed the European Central Bank’s comprehensive assessment, whereas Fibank and Investbank face capital shortfalls

The Burgas riddle

The region finds it hard to expand beyond tourism despite its strong economic profile, good infrastructure and quality of life

Storm clouds gather over Europe's economy

Bulgaria’s economic growth slows to 3.3% in the second quarter of 2019, in line with the general European trend

Stara Zagora's new groove

From industry to operas and luthiers, the region has the best economic growth potential in Bulgaria

Stara Zagora: The Unexpected Champion

The local economy recorded the highest growth rate among all Bulgarian regions in the past decade

The biggest employers: People are needed, wages are rising

Exporters and retailers again hired most employees