High tech investment the answer to CEE’s labour crisis

Clare Nuttall in Glasgow December 17, 2018

As labour markets tighten across CEE, economists say the best outcome for the region is for companies to respond to worker shortages by investing into new technologies.

Srbijagas to borrow €70mn for TurkStream, as Bulgarian opposition seeks to halt project

bne IntelliNews December 11, 2018

The second line of the Turkish Stream pipeline that will deliver Russian gas via Turkey to Europe, bypassing Ukraine, will span Bulgaria and Serbia starting from 2020.

COMMENT: The state is back in the banking business in Central and Eastern Europe

Gunter Deuber of Raiffeisen Research in Vienna December 10, 2018

For a few years now, foreign banks have been constantly losing market share in many of the larger Central-, Southeastern and Eastern European markets, but there is a shift in the game as state banks are proudly increasing their share in many markets

Sofia to renegotiate controversial concession of Bansko ski resort

Denitsa Koseva in Sofia December 5, 2018

Bulgaria's chief prosecutor warned he will launch a criminal investigation unless the government takes action over the illegal expansion of the country's largest ski resort in Pirin national park.

75% of Bulgarians unhappy with political situation, expect early election

bne IntelliNews December 3, 2018

Market Links poll shows a very similar situation to early 2013, when Bulgaria saw months of mass protests ending with the government's resignation.

CEZ starts talks with India Power on Bulgarian asset sale

Denitsa Koseva in Sofia December 3, 2018

Czech power company in discussions with new potential buyer as its deal with local family-owned Inercom Group was blocked by the Bulgarian authorities.