The day in 3 news: Stock index reaches 17-year high; Coal mining company records huge loss; Bulgarian tea gets protected status

The day in 3 news: Sofia’s buses start again; Telelink buys majority stake in Slovenian tech firm Actual I.T.; Sirma Group aims for 100M euro in revenue

Day in 3 news: Fixed electricity prices for households extended beyond July; MRF - Dogan loses its headquarters; Bulgarian museums come out in protest

Day in 3 news: Sofia transport workers strike over pay; Municipal project investment program relaunched; Bulgaria is key hub in global fake goods trade

Bulgaria's Finance Ministry Targets 3% GDP Growth for 2025

The forecast is among the most optimistic, driven by expectations of increased public expenditure and investment

Bulgaria’s Informal Economy: 34.6% In the Shadows

More than half of the added value in sectors like hospitality, agriculture, and construction comes from undeclared income, according to a report by Kearney and Visa

Ruling majority passes a record budget for 2025 with Peevski’s backing

VAT registration threshold drops to 100,000 levs. The government plans to draw 18.9 billion levs of debt this year

The week: Mad World

Mental health reality check, same old new budget and a final euro push

Bulgaria to ask for euro assessment by the end of February

The announcement comes after probing the chances with the Eurogroup, which augurs positive reports and eurozone entry from 2026.

Day in 3 news: Migrant trafficking scheme unveiled; Wage growth in Bulgaria concerns Austrians; Sofia and Plovdiv’s air still dangerously polluted

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.

Over 40% of businesses expect 2025 to be worse – BIA survey

Glavchev’s caretaker cabinet has the approval of 21% of respondents, the judiciary garners only 1%, trust in parliament stands at 0%

The year: 2025 is here with open borders, electricity cuts, gas shortages, and a hope for peace

K Insights: 03/01/25

Day in 3 news: Business grows uneasy over political crisis; Real estate market to cool in 2025; Kaufland opens new store

The biggest employers: strong wage growth, stagnant hiring

The ranking of the top 200 companies by staff for 2023 shows layoffs in the automotive, bicycle and call center sectors, while IT and supermarket chains keep hiring

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

Day in 3 News: Parliament breaks deadlock, elects Natalia Kiselova as speaker; State bets on 2.8% growth, lower wage increase in 2025; 10% planned rise in social security contribution

K100 2024: Stagnation after the boom for Bulgaria’s largest firms

The new annual edition of Capital 100 ranking shows that the revenues of the top 100 companies shrank by 14% last year after the boom in the energy sector in 2022. The star businesses of 2023 are arms, cars and solar

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

The week: Schengen on the horizon

Good news, at last, The regional divide grows bigger, Bulgargaz is bankrupt