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The golden passports are here to stay
In 2019, Bulgarian authorities proposed to abolish the scheme granting citizenship in exchange for investment in the country. A year later, they’ve decided to expand it
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 blue-chip stock index nears mid-March lows, TBS Group listing signals hope
Despite some early signs of improvement in Bulgaria’s main economic indicators in the third quarter, the biggest companies listed on the stock exchange in Sofia saw the outflow of investors continue.
Most Dynamic: Grain, Manufacturing, Road Construction
The revenues of the 50 fastest growing companies increased by an average of 56% in 2019, with the largest companies growing particularly fast.
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 food and drinks: where to (re)start from
A short guide to rediscovering all things Bulgarian
Energize yourself
All companies in Bulgaria will buy electricity from the energy exchange from now on
Bulgarian Stock Exchange: blue chips underperform broader market in H1
Investors find safe-haven in REITs
What a waste
A large-scale Bulgarian business with international reach comes under unexpected attack from the prosecution
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
Time for new debt
The higher ceiling for new debt issuance gives the Bulgarian government more fiscal room for policy-making
Borissov’s house of cards is shaking
The Bulgarian prime minister is facing a public storm, leaking of secrets and a rampant prosecution service. This promises turbulence ahead for him and the country.
What’s in it for Bulgaria in the EU’s Green Deal?
Bulgaria’s government is underwhelmed by the European Commission’s attempts to further increase EU climate change mitigation goals
Filling the gap
First Investment Bank (Fibank) prepares to smooth out wrinkles on its balance sheet found by ECB