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The week: Borissov returns, Euro is around the corner, And Trakia highway is the deadliest in Europe
K insights newsletter 17/01
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 economy - more of the same, but somehow different
Normalization of inflation to relatively low levels increases the country's chances of fulfilling the Maastricht criteria and entering the eurozone.
State bets on 2.8% economic growth and lower wage increases in 2025
Public spending will underpin higher growth rates, private consumption will slow down
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
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: Rocket men or how we are sabotaging ourselves
5 bln. euros down the drain, A Bulgarian military drone, and Peevski's list is out
Russia’s floating petrol stations near the Bulgarian coast
Moscow’s "ghost fleet" of tankers undercuts marine fuel prices just off Bulgarian territorial waters and might be circumventing EU sanctions
A perfect storm: why Pleven’s Leoni is closing
The German automotive cable supplier faces a volatile market, rising labor costs and a shortage of workers
Putting out fire after fire, or why Bulgaria has a hard time dealing with natural disasters
The country needs an aerial system for firefighting, but it has failed to buy even a single helicopter in the past three decades