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Corruption Concerns: EU Probing 11 Mln Levs Discrepancy in Bulgarian Tunnel Project
A report to the State Agency for National Security has brought to light the funneling of 11 million levs to shell companies. The main contractor in the project, local construction company GP Group, said it’s not a subject of any ongoing investigation.
The week: Entering the euro - what's love got to do with it
Trust and the Euro, How to make money disappear, Customs in disarray
The week: The trick with the migrant scare
Don’t let the news fool you, How flat should a tax be, and a Bishop dreams of heading the Church
The week: 3 focal points to watch out for post-Schengen
Bulgaria gets a half-Schengen, Peevski gets a half party, and something awful is going on in the police
Bulgaria's 2024 Budget: Focus on Infrastructure and Defense Investments
Finance ministry targets 3.2% GDP growth, sees inflation at 4.8%
The biggest construction companies: boom in real estate, slump in road building
The top 40 companies have an average revenue growth of just 4%, unlike all other thriving sectors
Bulgaria’s least indebted 50 companies in 2022
The average debt-to-asset ratio remains near 50%, narrowing slightly
How 400 million levs in uncollected fines contribute to Bulgaria’s road carnage
The lack of control and sanctions to enforce the right-of-way for pedestrians at crosswalks lead to less revenue for the state - and more casualties
The blockade of the Danube Bridge
The estimated value of the repairs is BGN 21 million and will take 2 years to finish. Meanwhile, there is no alternative route
The week: The worst-case post-election scenario, a sock company leaves, Bulgarian football rulers refuse to
K Insights newsletter 30/04
What happened to Bulgaria’s largest builder?
Veliko Zhelev, the boss of infrastructure giant Hirdrostroy, was briefly arrested last week for harassing an employee. Is there more to this story than meets the eye?
The week: The sheriff is in town, where does all the asphalt go, and Telus won’t tell on us anymore
A thunder in the sky of dust
Gabrovo continues to promise good yields from properties
There are deals with one-bedroom apartments for renovation for about 70,000 BGN in the city center and about 55,000 BGN in the neighborhoods. However, the supply is very limited and is mostly socialist-era housing