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How Bulgaria feeds its road cartel
The government has poured upfront close to 4.6 billion levs (2.35 billion euro) of taxpayers' money into road construction - with no tenders and no transparency
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.
The Companies with lowest debt: The Pre-crisis Picture
In total, the liabilities of the top 300 companies in terms of revenue in the country grew by over BGN 4.5 billion, reaching almost BGN 50 billion
The Northern Road
What is happening with Hemus motorway which is supposed to connect Sofia with towns in the northern parts of the country all the way to Varna
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
Remember those scandals
Before the COVID-19 crisis took center stage a series of crisis seemed to be shaking the government. Now they are conveniently overlooked.
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.
Bulgarian automobile market: Growing but getting older
In 2019, the share of diesel engines and vehicles that were more than 20 years old kept increasing
The loophole of in-house procurement
The in-house procurement procedures – the awarding of public contracts without tenders, has become a favorite way to allocate money in a non-transparent manner
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
MRF Corporation
Launched as a party fighting for the political representation of Bulgaria’s ethnic Turks, the Movement for Rights and Freedoms has morphed into a quasi-business organization quietly pulling strings behind the scenes
Sofia is putting too many eggs in Gazprom’s basket
The construction of TurkStream’s extension via Bulgaria will make the country too reliant on Russia again
Bulgaria's sluggish advance in the EU
The economy has grown, industry is turning towards higher technology, but reforms have stagnated, hindering the country’s potential
Bulgarian PM’s pride
Boyko Borissov often boasts of the infrastructure improvements made during his tenure but the process is uneven and mired in inconsistencies and bad planning
Corruption Watch: When it walks like corruption, when it quacks like corruption...
Beneficiaries of unlawful forest swaps get minor punishment