As usual, there is good news and there is bad news. The good news is that for three years unemployment in Bulgaria has been crawling down and, according to Eurostat data, is now below the average for the EU. The numbers, fairly..
Foreign direct investments in Bulgaria have marked a record growth during the past year, statistics showed. They exceeded 1.5 billion euro. Meanwhile, the Bulgarian National Bank reported about a record outflow of capital from the country in..
Delyan Peevski is one of the most controversial figures in Bulgarian politics, business and media. He has spent several terms of office as a Movement for Rights and Freedoms MP. He has even been head of the Bulgarian FBI (State Agency for..
Corporate Commercial Bank, the fourth largest bank in Bulgaria, collapsed with a bang in 2014 as a result of mismanagement by its majority owner Tsvetan Vasilev. The bank used to hand out unsecured loans mainly to companies controlled by the..
Deflation, i.e. the decline in prices is a phenomenon of conflicting aftereffects. On the one hand the drop in prices should be welcomed by consumers, meaning they spend more money on goods and services. On the other, deflation points in quite the..
The volume of direct foreign investments reached a record high level in 2015, for the first time over the past 6 years. It was to the tune of EUR 1.575 bln. and had never been achieved since 2009. CEO of the InvestBulgaria Agency Stamen Yanev..
These days people learned that Russia actually planned to revive the South Stream gas pipeline project that should deliver gas from Russia under the Black Sea to the shores of Bulgaria and from there to Central and Western Europe. Russian..
A month ago, the European Commission published a critical annual report on the state and problems in Bulgaria's justice and home affairs. Once again it pointed a finger at the authorities in Sofia for not implementing urgent reforms and tolerating an..
Public finances anywhere need to be sanitized every once in a while. This year this coincided with the spring cleaning in Bulgaria, with the prime minister himself setting the tone by halting public procurement procedures worth around 1..
Sólo hace una decena de días vio la luz el nuevo informe de la Comisión Europea, sumamente crítico, sobre el estado del sistema de justicia y el Interior de Bulgaria en el cual se les acusa directamente a las autoridades búlgaras de no hacer nada en estas..
