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Journalists SLAPPed, threatened and pressured; cabinet purges "kalinki", while Left and Right gear up for elections

Journalists SLAPPed, threatened and pressured; cabinet purges "kalinki", while Left and Right gear up for elections

The troubles of being a journalist in Bulgaria, every final decision is penultimate and who are the ladybirds of the administration

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Gifts to The Wolf from Borissov’s third cabinet

Gifts to The Wolf from Borissov’s third cabinet

A concessionaire gets an allowance instead of a penalty, a hotel is speedily being constructed with no documents, and a firm with 150 mln levs in debt is sold for 100 levs

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The dismantling of Borissov’s state has begun

The dismantling of Borissov’s state has begun

The caretaker gov’t of Stefan Yanev is wasting little time in changing key cogs in the machine created by the previous authorities

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From Saudi Arabia to Hawaii: a Bulgarian family business keeps on growing

From Saudi Arabia to Hawaii: a Bulgarian family business keeps on growing

IPS gets a 6.5 million levs investment from the state-owned development bank

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The deals of 2020: Few and far between

The deals of 2020: Few and far between

The pandemic practically froze the M&A market. Buyers are still mostly local faces

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Digital startups get funding, BDB acquires stake in baby-shoe maker, Automotive sector expands near Plovdiv

Digital startups get funding, BDB acquires stake in baby-shoe maker, Automotive sector expands near Plovdiv

Short business stories from the past month

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Coronavirus wipes out half of banks’ profit in 2020

Coronavirus wipes out half of banks’ profit in 2020

Weak lending and COVID-19 measures are to blame. For a second year in a row, Bulgarian banks will skip dividend

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Coronavirus puts pressure on Bulgarian banks

Coronavirus puts pressure on Bulgarian banks

In the second quarter, banks’ profits plummeted due to higher provisions and declining interest and fee income

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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

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How the government bought a bank

How the government bought a bank

The government has cleared the last hurdle on the path to the Eurozone’s waiting room by purchasing a 20% stake in the private lender for 140 million levs

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Is State Capitalism Marching On?

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

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The Oligarchs' Coffer

The Oligarchs' Coffer

The state-owned Bulgarian Development Bank has morphed from a small and medium-sized business aide to a lender of last resort for unstable and sometimes unsavory large companies

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The strange new look of Bulgaria’s biggest business association

The strange new look of Bulgaria’s biggest business association

KRIB has become a quasi-state structure under the chairmanship of Kiril Domuschiev

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When it walks like corruption, when it quacks like corruption

When it walks like corruption, when it quacks like corruption

While the Bulgarian authorities appear to be cracking down on some allegedly corrupt officials and businessmen, oligarchic interests favored by those in power receive a significant economic boost

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FAST READS

FAST READS

Istanbul Convention, Nationalist split, ERM II postponed, Kelner bids for Telenor

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