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As wage hikes drive economic growth in Bulgaria, inflation fails to meet euro adoption criterion

As wage hikes drive economic growth in Bulgaria, inflation fails to meet euro adoption criterion

GDP grows by 1.7% in the first quarter, an increase of between 2% and 3% is forecast for this year


The week: Rumors of Bulgarian extinction are greatly exaggerated

The week: Rumors of Bulgarian extinction are greatly exaggerated

For once, good demographic news; gambling ban - better late than never and a big mining investment


Who wants a free market? Bulgaria postpones wholesale electricity market liberalization

Who wants a free market? Bulgaria postpones wholesale electricity market liberalization

Meanwhile, households will have missed the optimum moment for liberalization because electricity prices are currently at their lowest


Corruption Concerns: EU Probing 11 Mln Levs Discrepancy in Bulgarian Tunnel Project

Corruption Concerns: EU Probing 11 Mln Levs Discrepancy in Bulgarian Tunnel Project

A report to the State Agency for National Security has brought to light the funneling of 11 million levs to shell companies. The main contractor in the project, local construction company GP Group, said it’s not a subject of any ongoing investigation.


Who is who in the Glavchev cabinet and what comes next

Who is who in the Glavchev cabinet and what comes next

The caretaker gov’t is dominated by GERB and MRF cadres, which are bound to restore the status quo


The week: Entering the euro - what's love got to do with it

The week: Entering the euro - what's love got to do with it

Trust and the Euro, How to make money disappear, Customs in disarray


How GERB built Putin a pipeline, part 2: the laundering road of 3 billion leva through an Arab company

How GERB built Putin a pipeline, part 2: the laundering road of 3 billion leva through an Arab company

Turkstream used offshore companies and the financial capacity of Gazprombank



DSK, UniCredit Bulbank Plan to Distribute Over 1 Billion Levs in Dividends

DSK, UniCredit Bulbank Plan to Distribute Over 1 Billion Levs in Dividends

Most of the 3.4 billion levs (1.7 billion euro) profit reported by the banking sector for 2023 will be reinvested


Who will be the next Patriarch and why it matters

Who will be the next Patriarch and why it matters

The Bulgarian Orthodox Church controls a vast number of properties and hundreds of millions of levs, but most importantly - exerts influence over millions of laymen


Austria’s Borealis to buy plastic bag recycler in Bulgaria

Austria’s Borealis to buy plastic bag recycler in Bulgaria

Integra Plastics operates a recycling plant near Sofia built by sunflower oil producer Oliva as a unique facility in the region




Louis Vuitton bags, millions of euro and no sign of corruption: the Bozhkov lottery story

Louis Vuitton bags, millions of euro and no sign of corruption: the Bozhkov lottery story

The full text of the decree terminating the case for extortion of the mogul by Boyko Borissov and Vladislav Goranov gives a detailed chronology of the affair, but won’t reach court



What will happen to Bulgaria’s oil market after derogation ends?

What will happen to Bulgaria’s oil market after derogation ends?

The debate is whether the derogation should end immediately or not


The biggest construction companies: boom in real estate, slump in road building

The biggest construction companies: boom in real estate, slump in road building

The top 40 companies have an average revenue growth of just 4%, unlike all other thriving sectors



Business meets government for the 17th time: what’s next for Bulgaria in 2024

Business meets government for the 17th time: what’s next for Bulgaria in 2024

Joining the Eurozone by the end of 2025 is "quite realistic," while the rotation cabinet might last more than 18 months, PM Nikolay Denkov told the conference organized by Capital