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What happened to Bulgaria’s largest builder?

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?


Bulgaria: No Territorial transition plans, no EU billions for coal transition

Bulgaria: No Territorial transition plans, no EU billions for coal transition

The caretaker government’s decision to link territorial plans submission with Recovery Plan negotiation puts at risk 1.2 billion in funding for three regions transitioning away from coal




The week: The sheriff is in town, where does all the asphalt go, and Telus won’t tell on us anymore

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


Euroins’ woes in Romania

Euroins’ woes in Romania

Eurohold Bulgaria, the parent company of insurer Euroins Romania, has said officials of Romania’s Financial Supervisory Authority (ASF) might be involved in a coordinated raiding attack on its business



The new Magnitsky sanctions for Bulgaria: Who has been named and why

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


Another parliament bites the dust. What did it accomplish?

Another parliament bites the dust. What did it accomplish?

The 48th National Assembly will be remembered for the laws it failed to pass rather than for any meaningful breakthroughs


The day in 3 news: Nexo and Velkova clash over tax; 60% more foreigners visit Bulgaria; EFET slates Bulgargaz-Botas deal

The day in 3 news: Nexo and Velkova clash over tax; 60% more foreigners visit Bulgaria; EFET slates Bulgargaz-Botas deal

Nexo claims not to have tax liabilities


Nexo co-founders and executives charged as an organized crime group in Bulgaria

Nexo co-founders and executives charged as an organized crime group in Bulgaria

Charges ignite political firestorm in the country, while the company continues to operate worldwide




Nexo’s troubles, Bulgaria refuses to close coal plants, Lukoil returns

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



Prosecutor's office and SANS raid Nexo's offices

Prosecutor's office and SANS raid Nexo's offices

The investigation centers on money laundering, tax crimes, unlicensed banking and computer fraud


Growth in housing prices in Plovdiv, Varna and Burgas

Growth in housing prices in Plovdiv, Varna and Burgas

In the two seaside cities deals increased at the beginning of 2022, but in Plovdiv their number decreased slightly


Will Lukoil continue dominating Bulgaria’s petrol market despite sanctions?

Will Lukoil continue dominating Bulgaria’s petrol market despite sanctions?

The war in Ukraine and the EU embargo on Russian oil won’t impact the giant’s hegemony