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Mortgage lending did not bend to the pandemic

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


The pressure below surface

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


Borissov and the bottomless budget

Borissov and the bottomless budget

The government has opened its wallet, throwing money at COVID-19 in an attempt to cling to power and stave off protests


Bulgaria’s GDP: Nowhere to go but up

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.


Bulgarian Development Bank’s New Leadership

Bulgarian Development Bank’s New Leadership

A dubious loan stirred public uproar in April, leading to the quick dismissal of the bank’s management but the new team seems unlikely to fix the systemic problems at the state-owned lender


The last strong year

The last strong year

The revenues and profits of the largest companies in Bulgaria increased rapidly last year but the Covid-19 crisis has put an end to a decade of growth


Economic growth slips

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

Bulgaria revamps budget as coronavirus bites

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


Bulgaria's new general

Bulgaria's new general

The head of the anti COVID-19 fight, Ventsislav Mutafchiyski, quickly turned into a new fan-favorite during the first months of the pandemic, spurring speculation about a potential role in politics


Six lessons from COVID 19

Six lessons from COVID 19

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


This is not your captain speaking...

This is not your captain speaking...


The words you need to know this month

The words you need to know this month