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Draft Budget 2025 Stuck in Limbo

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.




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

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

K Insights 13/12



Rising Wages, Lagging Productivity: The End of Bulgaria’s Cheap Labor Advantage

Rising Wages, Lagging Productivity: The End of Bulgaria’s Cheap Labor Advantage

Income growth in Bulgaria outpaces labor productivity by far, signaling the end of the low-cost labor model


Bulgaria’s 2025 Budget Faces Challenges with a Significant Expenditure Overrun

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



The week: Is CEE turning into Latin America, The return of GERB is (almost) complete, Sofia's got trouble

The week: Is CEE turning into Latin America, The return of GERB is (almost) complete, Sofia's got trouble

K Insights newsletter: 17/05




Bulgaria's 2024 Budget: Focus on Infrastructure and Defense Investments

Bulgaria's 2024 Budget: Focus on Infrastructure and Defense Investments

Finance ministry targets 3.2% GDP growth, sees inflation at 4.8%



Bulgarian economy losing steam

Bulgarian economy losing steam

GDP growth stands at 1.8% y/y in the second quarter, with consumption remaining the primary driver


Budget plan 2023: More VAT revenue, less capital spending to contain budget deficit at 3%

Budget plan 2023: More VAT revenue, less capital spending to contain budget deficit at 3%

Finance Minister Assen Vassilev presented the framework of his plan for the state finances, which should be ready at the beginning of July


Bulgarian economy: the start of a slowdown

Bulgarian economy: the start of a slowdown

The main growth drivers reached an inflection point in Q1 2023


Last-minute rotation: GERB and WCC-DB agree on a government

Last-minute rotation: GERB and WCC-DB agree on a government

It will be formed with the second mandate of Prime Minister Nikolay Denkov and will have Mariya Gabriel as his deputy. They will then swap positions after nine months.



How Romania overtook Bulgaria

How Romania overtook Bulgaria

The biggest difference between the two countries is the degree of success in their fight against corruption


What’s to come: key developments to anticipate in Bulgaria this year

What’s to come: key developments to anticipate in Bulgaria this year

Dates and events to follow in 2023