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Five forecasts for Bulgaria’s housing market in 2022

Five forecasts for Bulgaria’s housing market in 2022

Most expectations are for more of the same, but rising interest rates and soaring prices of construction materials might cool down the sector


A step away from OECD membership

A step away from OECD membership

Bulgaria has a real chance to become one of six new members of the "club of mostly rich countries" soon


Inflation is here and it will stay

Inflation is here and it will stay

High prices of raw materials and energy for business have already hit consumers


Bulgaria explained: Why do Bulgarians live in overcrowded apartments?

Bulgaria explained: Why do Bulgarians live in overcrowded apartments?

Еvery Tuesday we look at the Eurostat regional yearbook statistics and explain some curious data on Bulgaria


Bulgarian economy: an EU-boosted recovery

Bulgarian economy: an EU-boosted recovery

GDP growth will accelerate to 4.9% in 2022 mainly on the back of funding from the EU’s recovery plan, according to the finance ministry’s October 2021 macroeconomic forecast


The week: The problem with online banking, new players enter the political arena and 6 billion euros await

The week: The problem with online banking, new players enter the political arena and 6 billion euros await

Dogan is nowhere to be found, trouble brews for Kristalina Georgieva


Bulgarians still prefer to invest in real estate

Bulgarians still prefer to invest in real estate

Low mortgage rates, steady economic growth, and rising personal incomes fuel a surge in demand for real estate, shows a report by Nielsen Admosphere


Covid-19 strips 500m levs off Bulgaria’s clothing industry

Covid-19 strips 500m levs off Bulgaria’s clothing industry

Textile and apparel exports shrank to 4 billion levs in the pandemic year


Bulgaria’s biggest fintech deals

Bulgaria’s biggest fintech deals

Fintech companies’ strong growth draws interest from investors and VC funds


What’s the problem with Bulgarian media?

What’s the problem with Bulgarian media?

A combination of market trends and murky political interference has turned the media environment toxic, with only islands of professionalism remaining


The curious case of Bulgarian consumption

The curious case of Bulgarian consumption

The central bank questioned the accuracy of the statistical office’s estimates of Bulgarian household spending in 2020


The ghost of bad loans in a COVID-hit economy

The ghost of bad loans in a COVID-hit economy

Over 4.65 billion euro worth of loans have received a deferral under Bulgaria's credit moratorium by the end of August


Six lessons from COVID 19

Six lessons from COVID 19

Bulgaria weathered the first part of the pandemic unexpectedly well but then started failing


The real estate market in Sofia shows first signs of recession

The real estate market in Sofia shows first signs of recession

Sales increased in 2019 but, on average, prices stagnated


Bulgarian automobile market: Growing but getting older

Bulgarian automobile market: Growing but getting older

In 2019, the share of diesel engines and vehicles that were more than 20 years old kept increasing


Bulgaria gliding on the waves of the economic cycle

Bulgaria gliding on the waves of the economic cycle

The local economy continues to move in sync with European trends, while opportunities for reforms slowly dwindle


Economic outlook for Bulgaria remains (relatively) rosy

Economic outlook for Bulgaria remains (relatively) rosy

The chances of an impending recession are slim, the country’s forecast looks good compared to rising pessimism in Europe


Bulgaria’s biggest companies post slower sales growth than regional peers in 2018

Bulgaria’s biggest companies post slower sales growth than regional peers in 2018

Oil refinery Lukoil Neftochim Burgas second biggest loser in Southeast Europe


How much has Dr. Ruja pocketed?

How much has Dr. Ruja pocketed?

Until the fall of 2016 the OneCoin scheme earned 3.3 billion euro with a profit of 2 billion euro


Bulgaria's sluggish advance in the EU

Bulgaria's sluggish advance in the EU

The economy has grown, industry is turning towards higher technology, but reforms have stagnated, hindering the country’s potential