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The Cult of Nexo
How the Bulgarian company convinced itself, its employees and its customers that all accusations against it were a conspiracy - or FUD

Nexo’s troubles, Bulgaria refuses to close coal plants, Lukoil returns
Prosecution goes after cryptobank, no chance of gov’t and coal to stay until 2038

The week: Weapons promises, foreign agents and budget in the red
Guns for Ukraine - it’s official, sort of; Still no government in sight, a nuclear reactor is shut off

The week: Catching-up with the neighbors and looking for a lost highway
The decisive month for Bulgaria, how we lost tens of millions on a highway, and whom did Stoichkov meet?

Pro-Kremlin hackers fire warning shots at Bulgarian institutions
A DDoS attack hit the websites of various state institutions over the weekend - and more could be on the way

Bulgaria in crisis: 5 risks caused by the political chaos
The post-election deadlock might consign the country to EU backwater status

Single-bid tenders: how Bulgarian municipalities distribute money
58% of local government tenders and almost 65% of the money, or nearly half a billion levs, are distributed through controversial auctions

The week: Elections 2022: Pretend nothing’s happening; FDI down, caretaker Gov’t goes LNG
Parties lying low on big issues before vote, Energy Minister shifts stance on LNG and why do people from the "Yellow Cobblestones" cry?

All the President’s men: A new caretaker cabinet under the command of Radev
Who’s who in the caretaker cabinet of Galab Donev and what is at stake for them - and Bulgaria - in the next three months

The week: Bulgaria’s economy is (surprise, surprise) doing very well, the real estate market - not so much, and some dolphins get religious
Don’t do stupid shit and things are going to get better

The week: The best place to start fighting the corruption, Don’t count a coalition before it’s hatched, Crypto collapse
A fatal crash exposes depth of state capture, No gov’t + crypto layoffs and M&As

The new Bulgarian radical party - how worried should we be about Vazrazhdane
The leader Kostadin Kostadinov uses very well the social media and jumps on the populist anti-establishment bandwagons but cannot propose a viable agenda for governing

Does Bulgaria really have 213,000 bitcoins?
Five years after the first information that the Bulgarian state had seized crypto worth billions of dollars, inside sources and other information from the new cabinet reveal that there were never any bitcoins at all