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Bulgaria’s 2025 Budget Faces Challenges with a Significant Expenditure Overrun
Budget revenues are growing at a much slower pace than expenditures, while EU funds remain elusive for now
When Plovdiv was the capital
A decade ago, the city won the 2019 European Capital of Culture title. This triggered the peak of its development
Bulgaria Issues Record 4.35 Billion Euro of External Debt
The three tranches with different maturities attracted massive investor interest exceeding 17 billion euro
Podemcrane: from electric hoists for Comecon to global markets
After a long privatization process in the 1990s, the Gabrovo-based company today manufactures industrial cranes and components worth 50 million levs
European prosecutors search Bulgartransgaz office over project for expansion of Chiren gas storage facility
The gas storage expansion is estimated to cost 600 million levs and 25% will be financed through EU funds
From political to constitutional: Bulgarian caretaker gov’t crisis deepens
President Radev refuses to appoint the Kozhareva cabinet over her insistence on reappointing controversial internal minister Kalin Stoyanov, creating further political turmoil
Putting out fire after fire, or why Bulgaria has a hard time dealing with natural disasters
The country needs an aerial system for firefighting, but it has failed to buy even a single helicopter in the past three decades
Parliament Begins Debates on the Euro Introduction Law. The New Target is July 1, 2025
Deputies will require institutions to finalize technical preparations by March 2025 and approve all regulations by December 2024
Bulgaria’s new dam is here - finally
The facility has been under construction for eight years and has already experienced many ups and downs in the process
