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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



Bulgaria’s 2025 Budget: We Have a Problem

Bulgaria’s 2025 Budget: We Have a Problem

Instead of voting for more populism-driven spending, parliament has to consider unpopular measures to tighten state finances


Lukoil: outbidding Bulgarian business is just starting

Lukoil: outbidding Bulgarian business is just starting

More than a dozen contestants, including KazMunayGas, Socar and MOLD, still vie for the future of the Russian group's assets in the country



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


The week: Why Nations Fail in football and elections

The week: Why Nations Fail in football and elections

One night in Belfast, What is wrong with the Air Force, Varna ex-mayor is sinking



Elections #7: The only campaign is the parallel state one

Elections #7: The only campaign is the parallel state one

Parties are engaged in lackluster, almost absent electioneering, while the only real confrontation is between the two MRFs



Stabilization of the Office Market in Sofia Ahead of a New Wave of Projects in 2025

Stabilization of the Office Market in Sofia Ahead of a New Wave of Projects in 2025

In the next two and a half years, approximately 220,000 square meters of new offices are expected to be completed.


Bulgaria Issues Record 4.35 Billion Euro of External Debt

Bulgaria Issues Record 4.35 Billion Euro of External Debt

The three tranches with different maturities attracted massive investor interest exceeding 17 billion euro


European prosecutors search Bulgartransgaz office over project for expansion of Chiren gas storage facility

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





Sofia’s poisonous traffic goes under the institutional radar

Sofia’s poisonous traffic goes under the institutional radar

There is hidden pollution with dangerous nitrogen dioxide in Sofia and the state is underestimating the problem, the environmental organization For the Earth says


Uber shuts its software center in Bulgaria

Uber shuts its software center in Bulgaria

The Bulgarian office, which developed software for financial documents, will close in September


First Investment Bank up for sale - sources

First Investment Bank up for sale - sources

UniCredit Bulbank and Postbank vie to acquire Bulgaria’s fifth largest lender


Bulgaria has utilized only 4% of European funds since 2021

Bulgaria has utilized only 4% of European funds since 2021

For the first time since joining the EU, Bulgaria has got along with almost no European funding for several years