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The deals of 2020: Few and far between

The deals of 2020: Few and far between

The pandemic practically froze the M&A market. Buyers are still mostly local faces


Tourism this season: between freedom and fear

Tourism this season: between freedom and fear

Bulgaria has to figure out how to attract people again




Bulgarian stock exchange in 2020: COVID-19 and other disasters

Bulgarian stock exchange in 2020: COVID-19 and other disasters

The SOFIX index suffers worst drop since 2008, blue-chip stocks underperform broader market


No land of vaccines: COVID-19 and Bulgaria

No land of vaccines: COVID-19 and Bulgaria

Even though the British strain reaches the country, malls and gyms open and the vaccination schedule lags far behind


Winter tourism’s ice age

Winter tourism’s ice age

The hotel industry is facing a season of uncertainty, with demand to depend on how the pandemic will develop


A post-COVID economy

A post-COVID economy

What comes after the ups and downs of the Bulgarian pandemic cycle in 2020


Outsourcing: The foreign sector

Outsourcing: The foreign sector

Service outsourcing companies have been growing at healthy double-digit rates for a decade but the coronavirus crisis is putting that model of development to the test


The largest construction companies

The largest construction companies

In addition to paying, the state is now constructing as well


Small businesses’ big crisis

Small businesses’ big crisis

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


Who owns Bulgaria’s beaches?

Who owns Bulgaria’s beaches?

Beach concessions remain reserved territory for selected players - mainly people said to have been connected with mafia-style structures in the past and owners of big hotel chains


The loneliest summer

The loneliest summer

While small towns on the Bulgarian Black Sea coast enjoy the return of domestic tourists, large resorts traditionally relying on foreigner visitors look deserted


The VAT shock

The VAT shock

Restaurants, books and baby goods got a surprise cut in VAT rate from prime minister Boyko Borissov


Kapital Quarterly Corruption Watch

Kapital Quarterly Corruption Watch

The quarterly index of bad practices


Six lessons from COVID 19

Six lessons from COVID 19

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


Bulgaria strikes at AirBnB, Booking.com

Bulgaria strikes at AirBnB, Booking.com

After unsuccessfully trying to shut down the lodging sharing service, the GERB-led coalition government imposes a small fee on apartment owners