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