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Bulgaria’s (non-)recovery plan
Bulgaria stands to receive 12 billion levs (6.1 billion euro) in 2021-2026 from the Recovery Plan for Europe, and will be spending the funding as it always has - on weak, ineffective projects
Bulgaria's budget in crisis
Balanced fiscal policy takes a sharp turn towards rapid spending in the hope of election win next year
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
Corona-debt
Bulgaria raised 2.5 billion euro through the sale of Eurobonds under favorable conditions in September. The question is what the GERB-led government coalition will do with the money
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.
How the government bought a bank
The government has cleared the last hurdle on the path to the Eurozone’s waiting room by purchasing a 20% stake in the private lender for 140 million levs
Trends from Bulgaria’s regions
Changes at large local employers drive 2018 growth in several Bulgarian districts
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 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
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
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
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