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The curious case of Bulgarian consumption
The central bank questioned the accuracy of the statistical office’s estimates of Bulgarian household spending in 2020
Pension insurance with a pinch of politics
Deteriorating demographics pose a significant long-term challenge while systemic problem in the sector remain unaddressed
KBC expanding into Bulgaria’s pension insurance market
The Belgian group is acquiring Dutch-based NN’s Bulgarian businesses for 77.7 mln euro
Budget revenues rise even during the pandemic
Bulgaria’s budget gap widened in 2020 but the worst forecasts failed to materialize
The Great Patriotic Rearmament
Despite the pandemic, Bulgaria went on a military spending spree in 2020 – and pledges to continue
Bulgaria's budget in crisis
Balanced fiscal policy takes a sharp turn towards rapid spending in the hope of election win next year
Bulgaria finally enters the euro’s waiting room
The country will continue implementing reforms in the judiciary and in the fight against organized crime and corruption, according to the ECB
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
Geshev Unchained
The new Bulgarian Prosecutor General Ivan Geshev moved into first gear from the outset, picking fights with oligarchs, rural criminals and even the president himself. Is he aiming at something bigger than just crime busting?
A budget to appeal to everyone
There is enough room for maneuvering in case of an economic downturn but reforms are nowhere in sight
Penalty mark for Bulgaria’s Green Card insurance
The European insurance regulator has probed the ongoing issue of compensations paid in Bulgaria in the event of road accidents abroad
Economic Disparity Between Regions in Bulgaria Remains High
A business revival is visible everywhere, but stronger regions pull ahead, while the weaker ones still lag behind
Pension funds keep investing in related parties
Despite legislation against such practices adopted in 2017 they continue uninterrupted
The Oligarchs’ Development Bank
The government is pressing ahead with turning Bulgarian Development Bank into a new milker for businesses politically well-connected
А higher tax burden and a steep rise in public expenditure
The government is not using the good economic climate to balance the budget
There’s nothing better in store
PM Borissov’s third government is still fixated on stability, the momentum for crucial reforms seems to have stalled