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KPMG IT Service and ServiceNow partnership focuses on needs of CEE region

KPMG IT Service and ServiceNow partnership focuses on needs of CEE region

Svetoslav Spasov and Markus Kempkes sat for a discussion with us on the cooperation between the two companies, challenges and their future goals


Bulgaria slowing down on its way to the eurozone

Bulgaria slowing down on its way to the eurozone

The country does not meet the criterion of inflation but the political differences in the ruling coalition pose a bigger problem


The week: The private border of Bulgaria and the EU, are we still on track for the euro and a stellar year for banks (so far)

The week: The private border of Bulgaria and the EU, are we still on track for the euro and a stellar year for banks (so far)

K Insights 03/06: what happened with the refugees


Bulgaria’s Top 10 Banks in 2021

Bulgaria’s Top 10 Banks in 2021

Capital Weekly ranks financial institutions in terms of stability, profitability and dynamics


Money for RES for businesses’ own use

Money for RES for businesses’ own use

Commercial lenders and Bulgarian Development Bank (BDB) provide financing for solar power plants for businesses. Also, there is a funding program with 200 million levs in grants under the Recovery Plan


Bulgaria: More dependent on Russian oil

Bulgaria: More dependent on Russian oil

While diversifying gas supplies is difficult, but feasible task for the state, the same cannot be said about Bulgaria’s reliance on crude oil from Russia



The office is changing, OfficeRnD is expanding

The office is changing, OfficeRnD is expanding

The Bulgarian company for managing co-working spaces raised 10 million dollars on a valuation around 50 million dollars


The Coalition duel for the National Bank

The Coalition duel for the National Bank

In an attempt to thwart the election of TISP’s Lyubomir Karimanski for governor of BNB with the votes of the opposition, WCC nominated their parliamentary head Andrei Gyurov for the post


The week: Borissov arrested, Central Bank chairmanship tears the coalition, Resilience Plan still not ok

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



Concern, not condemn: Bulgaria’s response to the Ukraine escalation

Concern, not condemn: Bulgaria’s response to the Ukraine escalation

Behind the strongly worded support for Ukrainian integrity, many in Sofia still prefer to tread lightly so as not to anger the Kremlin and its zealots here


If Only We Could Predict Inflation or Why there are no super-wealthy economists

If Only We Could Predict Inflation or Why there are no super-wealthy economists

Should the fixed income market turn out to be correct once again, and should recession loom, inflation talk will not only cease but we will yearn for a return to price growth once businesses collapse and unemployment soars


Bulgarian banks’ profit rises to 1.4 billion levs in 2021

Bulgarian banks’ profit rises to 1.4 billion levs in 2021

Lower impairment costs, decreased contributions to guarantee funds and the credit moratorium boosted annual profit by 600 million levs


Bulgaria’s budget 2022: too generous and risky

Bulgaria’s budget 2022: too generous and risky

The finance ministry proposed a draft budget for 2022 with a deficit equivalent to 4.1% of planned GDP and significant debt growth



The week: It's all going well if you are a bank, but not if you're a mayor, and a small village has a big waste problem

The week: It's all going well if you are a bank, but not if you're a mayor, and a small village has a big waste problem

The honeymoon ends fast for the new government, economic optimism rises



A reluctant NATO ally, OECD invitation 15 years in the waiting and a new name for Telenor

A reluctant NATO ally, OECD invitation 15 years in the waiting and a new name for Telenor

Sofia hopes for the best - and not much more - in NATO-Russia clash, Telenor turns into Yettel and changes coming to the Energy regulator


Bulgarian banks’ Jan-Nov profit rises 53% y/y, still below 2019 level

Bulgarian banks’ Jan-Nov profit rises 53% y/y, still below 2019 level

The last 8 billion levs of loans under credit repayment moratorium return to regular servicing