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The golden passports of Bulgaria; the new lockdown and the elections; how to get a year of free rent
K Insights 19/03: the dirty campaign begins and what is cyberethics
The labor market’s new groove
Fewer hirings ‘at any cost’, more flexible employment options, and cautious wage growth are among the new trends in the labor market prompted by the coronavirus
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
Bulgaria has to figure out how to attract people again
Wealthier, spending less and slowly recovering: the Bulgarian economy at the end of 2020
Unsurprisingly, GDP shrank in the fourth quarter. Wages were up, exports made a surprising comeback in December, and deflation will return for a while
Bulgarian stock exchange in 2020: COVID-19 and other disasters
The SOFIX index suffers worst drop since 2008, blue-chip stocks underperform broader market
Bulgaria’s new factories
Investment projects worth less than 430 mln levs were announced in 2020 - a third of the amount in 2019
Winter tourism’s ice age
The hotel industry is facing a season of uncertainty, with demand to depend on how the pandemic will develop
How Bulgaria let Covid-19 loose
After an ineffective first lockdown, the government sleepwalked into the second pandemic wave - with deadly consequences
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?
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
While small towns on the Bulgarian Black Sea coast enjoy the return of domestic tourists, large resorts traditionally relying on foreigner visitors look deserted
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
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
After unsuccessfully trying to shut down the lodging sharing service, the GERB-led coalition government imposes a small fee on apartment owners
Crumbs on the investment market for business properties
Inflated prices, low liquidity and the slowdown of the world economy have brought about a sharp decline of sales in Bulgaria