Draft Budget 2025 Stuck in Limbo

For now, there is no parliamentary majority to advance the controversial draft budget of the caretaker cabinet to a vote.

Day in 3 news: BSP endorses GERB mandate; Growth and new listings boost Stock Exchange; Bulgaria faces fiscal challenges amid uncertainty in 2025

Over 40% of businesses expect 2025 to be worse – BIA survey

Glavchev’s caretaker cabinet has the approval of 21% of respondents, the judiciary garners only 1%, trust in parliament stands at 0%

The week: Schengen will transform Bulgaria, Business says it will die without state aid, What’s an Old Style Church?

Is Bulgaria becoming a liability for the EU?

Corruption and the (mal)functioning of the judiciary are no longer national problems - they also concern Europe

Day in 3 news: Budget committee backs 2024 budget extension; Defense ministry seals deal to boost AI resources; Farmers face subsidy loss if labor violations occur

The economy - more of the same, but somehow different

Normalization of inflation to relatively low levels increases the country's chances of fulfilling the Maastricht criteria and entering the eurozone.

Day in 3 news: Peevski woos restaurateurs; More than 1.37 billion levs spent over the holidays; Renewable energy interest slightly slows

The day in 3 news: Parliamentary Coalition a Christmas miracle?; Sofia airport implements new access systems; Interim government with an interim budget

The year: 2025 is here with open borders, electricity cuts, gas shortages, and a hope for peace

K Insights: 03/01/25

Mining sector targeted with a new tax in an attempt to fill budget holes

The finance ministry has proposed changes to the law on underground resources to raise revenues by BGN 900 million a year

The week: Bulgaria's population is going to grow in 2025, There might be a government soon, Trading babies for grain

K Insights 20/12

Day in 3 news: Bid to oust Peevski as party chairman fails; Bulgarian airspace sees record flights; Sofia introduces garbage collection monitoring

Day in 3 news: President to unveil mandates in 2025; EC loses patience with Sofia; Software sector grows by 16.5%

The day in 3 news: 10% domestic electricity price hike likely in New Year; Sarafov stirs tensions with political moves; Mining sector rails against tax change

The week: The budget debacle, BETL sink, Schengen opens, GNR to play in Sofia

K Insights 13/12

The day in 3 news: Tax amnesty plan with BDB raises questions; Full Schengen entry for Bulgaria and Romania; Metal sector revenue falls but profit margins nudge up

State bets on 2.8% economic growth and lower wage increases in 2025

Public spending will underpin higher growth rates, private consumption will slow down

The day in 3 news: 2025 Draft Budget: A risky path forward; Threat to halt gas transit for Gazprom over debt; Proposed VAT changes for property sales

The day in 3 news: Gov’t funds employee training with 37 mln. euro; House of Strawberries sold for 8 mln. euro; Independent Bulgarian Energy Exchange buys former UBB HQ for 6 mln. euro