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How Bulgarian economy grew 3.4% more last year without national statistics noticing

How Bulgarian economy grew 3.4% more last year without national statistics noticing

GDP growth for 2021 was 7.6% and not 4.2%, the NSI acknowledges silently almost a year after


Radev’s revenge, the looming deficit and a frog

Radev’s revenge, the looming deficit and a frog

Reality is back with a vengeance, GDP keeps growing, and our Real Estate report is out


Bulgaria: More dependent on Russian oil

Bulgaria: More dependent on Russian oil

While diversifying gas supplies is difficult, but feasible task for the state, the same cannot be said about Bulgaria’s reliance on crude oil from Russia


Bulgaria’s budget 2022: too generous and risky

Bulgaria’s budget 2022: too generous and risky

The finance ministry proposed a draft budget for 2022 with a deficit equivalent to 4.1% of planned GDP and significant debt growth


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


The biggest companies in metallurgy: on the crest of a price wave

The biggest companies in metallurgy: on the crest of a price wave

Last year was strong for gold and copper yields, but the output of other metal producers fell. Despite the pandemic-induced crisis net sales of the sector’s leading firms are up


The week: A very expensive winter is coming, the "disrupters" enter the political center and new cars sales grow fast

The week: A very expensive winter is coming, the "disrupters" enter the political center and new cars sales grow fast

GERB, salaries and energy bills all head north



Bulgaria's budget in crisis

Bulgaria's budget in crisis

Balanced fiscal policy takes a sharp turn towards rapid spending in the hope of election win next year


Six lessons from COVID 19

Six lessons from COVID 19

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


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


Small, but still very profitable

Small, but still very profitable

The profitability of small and midsize businesses continued to grow, but the first signs of a slowdown have already appeared


Manufacturing is displacing retail at the top of Capital TOP100 ranking

Manufacturing is displacing retail at the top of Capital TOP100 ranking

As many as 10% of the companies in the 2008 ranking have disappeared since then but half of the remaining businesses are twice the size they were a decade ago


A negative assessment of Bulgaria’s investment climate

A negative assessment of Bulgaria’s investment climate

The decision of Czech energy group CEZ to put up for sale its Bulgarian assets reveals the unfriendly side of Bulgaria’s investment environment.


Agriculture: Yet Another Year of Low Prices

Agriculture: Yet Another Year of Low Prices

Over half of the biggest agri companies saw revenues drop in 2016. Most firms reported profits, albeit at narrower margins.


The Anchor of Bulgarian Economy

The Anchor of Bulgarian Economy

The currency board, probably the only unquestionable institution in Bulgaria, is viewed as a facilitator for accession to the Eurozone


Fibank in hunt for strategic partner

Fibank in hunt for strategic partner

Bulgaria’s third largest lender beefing up capital buffers


The Labor Market Recovery: A Structural Shift

The Labor Market Recovery: A Structural Shift

Strong growth of ICT-related jobs


More and more united

More and more united

Belgium’s KBC acquires UBB, the fourth-largest lender in Bulgaria, for 610 million euro in the biggest bank merger in the southeast European country