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Bulgarian economy losing steam
GDP growth stands at 1.8% y/y in the second quarter, with consumption remaining the primary driver
Bulgaria's 2023 Budget: Salary Increases for Public Sector Workers
Following an 11-hour session, Parliament approved various new expenditures, focusing on salary hikes.
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
The main growth drivers reached an inflection point in Q1 2023
Revising the budget: everyone gets what they want
The first revision of this year’s budget has become a money grab amidst economic and political uncertainty
Blockchain tourists
The Bulgarian company LockTrip raised a 4.1 million dollars investment from Australian tourism giant Webjet
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
18 steps to government: What did the parties decide after a week of negotiations?
Cabinet talks led by election winner We Continue the Change run smoother than the previous two attempts, but difficult steps still have to be taken
Seven reasons why Bulgaria’s economic growth slowed down
The statistics office reported a surprisingly low 0.4% GDP growth rate in the third quarter of 2021
Where would the economy be without EU funds
Bulgaria’s GDP was 16.7% higher last year, compared with 2013. Half of the increase is owed to money coming from the EU
The real estate market in Sofia shows first signs of recession
Sales increased in 2019 but, on average, prices stagnated
A budget to appeal to everyone
There is enough room for maneuvering in case of an economic downturn but reforms are nowhere in sight
Bulgaria’s residential market calms after years of growth
Prices have stopped growing, as supply and demand have started to equalize
Will Volkswagen Arrive in Kremikovtzi?
Bulgaria has an unprecedented opportunity to attract a major car maker
Economic Disparity Between Regions in Bulgaria Remains High
A business revival is visible everywhere, but stronger regions pull ahead, while the weaker ones still lag behind
The one thing that frightens him
Prime Minister Boyko Borissov has a weak spot for protests - especially when they target him or touch on sensitive topics
А higher tax burden and a steep rise in public expenditure
The government is not using the good economic climate to balance the budget
The Unholy Trinity
The three parties from the United Patriots might turn to be the bane of the third Borissov’ government