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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
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)
K Insights 03/06: what happened with the refugees
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
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
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 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
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
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
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
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
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
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 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
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
The last 8 billion levs of loans under credit repayment moratorium return to regular servicing