Bulgaria

Bulgaria prepares for battle over land sales to foreigners

Dimitar Koychev in Sofia July 23, 2017

The European Commission has threatened to refer Bulgaria to the EU Court of Justice unless it allows foreign citizens to purchase Bulgarian agricultural land without any restrictions.

Bulgarian prosecutors charge 18 over Corpbank collapse

Dimitar Koychev in Sofia July 21, 2017

Corpbank was Bulgaria's fourth largest lender until a bank run in 2014 deprived it of liquidity, and a later audit revealed a capital hole of almost €2bn.

Bulgaria’s Smart Organic takes a bigger bite of the protein bar market

Clare Nuttall in Bucharest July 19, 2017

Health food company uses EBRD loan to invest in factory to tap fast-growing international market.

V4, Baltic and SEE states clock up strong new car registrations growth in H1

bne IntelliNews July 16, 2017

Growth in most Central and Southeast European member states outstrips modest 4.7% average increase in demand seen across the EU.

Macedonia and Bulgaria agree on "friendship treaty" as Skopje seeks to mend relations

Valentina Dimitrievska in Skopje July 14, 2017

Macedonia's new PM Zoran Zaev is working to reset relations with neighbouring states in the hopes of unblocking the country's EU path.

Smaller cities more business-friendly than capitals in Bulgaria, Hungary

Carmen Simion in Bucharest July 14, 2017

World Bank study reveals wide variations in business environment across cities in Bulgaria, Hungary and Romania.

Growth potential of CEE and SEE halved in crisis decade, says IMF official

bne IntelliNews July 13, 2017

Fund’s Europe head warns rapid outflows of skilled workers, ageing workforce and political turmoil are adding to dilemma.

Czechs claim conclusive evidence of second-rate supermarket goods in CEE

bne IntelliNews July 12, 2017

Czech agriculture minister cites extensive research results in calling on EU counterparts to finally address issue of inferior consumer products being sold by multinationals in ‘second league’ member states.

Sharp population declines reported in Baltic states, Southeast Europe

Akin Nazli in Belgrade July 12, 2017

Lithuania leads the population decline in the Baltic states and Southeast Europe, as overall EU population makes modest increase.

Bulgaria’s industrial production growth accelerates

bne IntelliNews July 10, 2017

Industrial sector expands by 9.5% in May on the back of improved performance across manufacturing, mining and utilities.

Bulgaria’s PPI inflation decelerates to 3.5% y/y in May

bne IntelliNews July 1, 2017

Annual PPI growth has been positive for six consecutive months after two years of steady decline.

Bulgaria’s business climate indicator drops 0.7 points m/m in June

bne IntelliNews June 28, 2017

Although the business climate improved in construction and retail trade, its deterioration in industry and services brought the overall figure down

CONFERENCE CALL: IIB looks ahead to the next five years

Clare Nuttall in Bucharest June 28, 2017

By 2022 the Moscow-based development bank aims to double its assets, diversify its loan portfolio, and expand the geography of its operations.

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