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K10: The Best Banks of 2023

K10: The Best Banks of 2023

UniCredit Bulbank again leads the Capital Weekly’s ranking of banks in Bulgaria, UBB is now the largest bank, DSK reports record profit




Bulgaria's Euro Ambitions: Tackling Inflation for Eurozone Entry

Bulgaria's Euro Ambitions: Tackling Inflation for Eurozone Entry

Bulgaria's government is targeting January 1, 2025, as the date for adopting the euro. A potential stumbling block could be the price stability criterion


Bulgaria posts 780 mln levs budget gap at end-September

Bulgaria posts 780 mln levs budget gap at end-September

Lower imports dent VAT revenues, extra spending is allocated to agriculture



The blockade of the Danube Bridge

The blockade of the Danube Bridge

The estimated value of the repairs is BGN 21 million and will take 2 years to finish. Meanwhile, there is no alternative route


Laundering Borissov, purging the secret services, coordinating with embassies: What froze cabinet talks?

Laundering Borissov, purging the secret services, coordinating with embassies: What froze cabinet talks?

A leaked discussion of WCC’s National Council has jeopardized government negotiations with GERB



The week: Goodbye to the euro, see you again sometimes?

The week: Goodbye to the euro, see you again sometimes?

Is the euro coming at all, the Russian assets in Bulgaria are in for a freeze, trouble at the European prosecution


No Euro in 2024: Why did Bulgaria give up trying to join the eurozone next year?

No Euro in 2024: Why did Bulgaria give up trying to join the eurozone next year?

Parliament’s failure to adopt 4 key pieces of legislation, a purposeful abstention from the amendment of the Insurance code and high inflation will delay currency union entry



The Top 100 Bulgarian companies: Extreme growth

The Top 100 Bulgarian companies: Extreme growth

Capital Weekly’s 2022 ranking of the 100 largest companies in Bulgaria shows that giants’ earnings soared by 38% in 2021, with firms from the energy, fuels, grains and metals sectors at the helm


A hidden fight "for" and "against" euro adoption dogs Bulgaria

A hidden fight "for" and "against" euro adoption dogs Bulgaria

Vazrazhdane turned a draft analysis about the impact of Eurozone entry by the National Bank into an attack on Bulgaria's renewed efforts to adopt the common currency from 2024


Bulgaria begins issuing work visas to startups

Bulgaria begins issuing work visas to startups

The initiative provides a fast track for entrepreneurs from abroad to move their innovative businesses to Bulgaria


The risks in front of Bulgaria’s 2023 budget

The risks in front of Bulgaria’s 2023 budget

With or without a regular government in place, the new parliament can vote on Budget 2023 but probably it will not have the will to cut spending


Single-bid tenders: how Bulgarian municipalities distribute money

Single-bid tenders: how Bulgarian municipalities distribute money

58% of local government tenders and almost 65% of the money, or nearly half a billion levs, are distributed through controversial auctions


Belgian company buys Suite hotel in Sofia to make a hub for working nomads

Belgian company buys Suite hotel in Sofia to make a hub for working nomads

The owner of Melexis Bulgaria, Duchatelet, and his trusted football manager Catherine Mer bought the Suite hotel, located in Sofia’s Studentski Grad district.


Bulgaria’s political crisis puts RRP funding at risk

Bulgaria’s political crisis puts RRP funding at risk

Without Parliament failing to adopt the relevant legislation, funds under the Recovery Plan will remain blocked.


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