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Spain’s Eurostars opens first hotel in Sofia

Spain’s Eurostars opens first hotel in Sofia

Hotusa Group’s brand replaces Best Western by renting its former City Hotel Sofia


Extreme weather: What’s Bulgaria’s plan to tackle its effects?

Extreme weather: What’s Bulgaria’s plan to tackle its effects?

A summer of scorching heat and forest fires across the mountainous country put people and nature at risk, highlighting the need for the state to be better prepared







The year of recovery

The year of recovery

The Bulgarian economy may return to pre-crisis growth rates as early as the fourth quarter of 2021 but the recovery process is uneven



The secret 100 million euro investment of Russian billionaire Vagit Alekperov

The secret 100 million euro investment of Russian billionaire Vagit Alekperov

The president of Lukoil is behind the fund that bought Bulgaria Mall and office buildings in 2018



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


Wealthier, spending less and slowly recovering: the Bulgarian economy at the end of 2020

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


Is Sofia about to lose some of its air connections

Is Sofia about to lose some of its air connections

Shortly before the start of its concession contract, state-owned Sofia Airport unveiled a plan to drastically raise its fees. Complaints from the biggest airlines using the airport put the plan on hold until after the general election expected in March.


Bulgaria’s GDP: Nowhere to go but up

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.


What about that pandemic?

What about that pandemic?


Economic growth slips

Economic growth slips

Bulgaria’s economic growth slows to six-year low of 2.4% in the first quarter of 2020. Timid signs of recovery can already be seen but it is still too early for optimism


Investors snap up Bulgarian bonds

Investors snap up Bulgarian bonds

Since the start of the year, the Ministry of Finance has been briskly selling government bonds amidst strong investor interest