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No Euro in 2024: Why did Bulgaria give up trying to join the eurozone next year?
Parliament’s failure to adopt 4 key pieces of legislation, a purposeful abstention from the amendment of the Insurance code and high inflation will delay currency union entry

The week: The public shaming of Sofia continues, Record wage growth, A slap from across the Danube
K Insights Weekly Newsletter 17/02

The new Magnitsky sanctions for Bulgaria: Who has been named and why
The US continues its anti-corruption pressure in tandem with the UK, by adding two former ministers, two former MPs and an energy official to the list

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

The week: 100 days of hell, the missing half a billion and a mysterious crash at a large dam
A baptism of fire, a new port on the Aegean and an ambassador worth throwing out

Borissov’s arrest: What we know so far
The Internal Ministry’s surprise operation against the former PM and high level GERB cadres came just a few hours after the head of the EU Prosecution visited Sofia

The week: Borissov arrested, Central Bank chairmanship tears the coalition, Resilience Plan still not ok
Former PM Borissov arrested, Guerilla war over BNB shakes the coalition and the Plan is still NOT alright

The lost decade of Bulgaria
The governments of Boyko Borissov promised reform, but instead created an apparatus for extortion and clientelism

Budget revenues rise even during the pandemic
Bulgaria’s budget gap widened in 2020 but the worst forecasts failed to materialize

Corona-debt
Bulgaria raised 2.5 billion euro through the sale of Eurobonds under favorable conditions in September. The question is what the GERB-led government coalition will do with the money

Postponing the Fall
How long will the Prime Minister Boyko Borissov dodge resigning after three months of protests and what comes next?

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