Bulgaria

Trump policies won’t harm Emerging Europe badly – and will actively benefit Russia

Clare Nuttall in Glasgow April 29, 2025

Latest wiiw forecasts show little direct impact on Central and Southeast Europe from Trump trade wars.

Bulgaria-based crypto lender Nexo to return to US market

bne IntelliNews April 28, 2025

"America is back — and so is Nexo," says company's co-founder after meeting with Donald Trump Jr.

Incoming German government compromises on carbon offsets to boost flagging economy

bne IntelliNews April 24, 2025

Germany’s incoming government has conditionally endorsed the European Union’s proposed 2040 climate goal and backed the EC's recommended 90% emissions reduction target but only if international carbon offsets and carbon removals are permitted.

Bulgaria's fastest-growing startup Lace AI raises $19mn in seed funding

bne IntelliNews April 24, 2025

Lace AI, which has developed AI-powered call centre technology for home services companies, posted 1,000% growth in 2024.

Advent International buys Bulgaria-based digital bank tbi

bne IntelliNews April 22, 2025

Private equity investor says tbi’s digital-first business model and customer-focused approach has created one of the leading and fastest growing challenger banks in the region.

How Europe has weaned itself off Russian gas in the last three years

Ben Aris in Berlin April 22, 2025

In 2021, Eastern European countries imported almost half of their gas from Russia. Only two countries in the region – Albania and Kosovo – were wholly independent of Russian gas.

COMMENT: Make no mistake: Trump’s tariff turmoil is a major economic crisis

Ben Aris in Berlin April 22, 2025

A wave of erratic tariff announcements from the United States has further battered already the already weak Eurozone economic indicators, with last week's sharp decline in the ZEW Economic Sentiment Index collapsing further.

Sanctioned Balkan politicians step up lobbying of Trump administration

Denitsa Koseva in Sofia, Clare Nuttall in Glasgow April 17, 2025

After the US dropped sanctions on Hungary’s Antal Rogan, politicians from Albania, Bosnia and Bulgaria want similar decisions in their favour.

Bulgaria’s Biomyc to grow Kia car components from mushrooms

Denitsa Koseva in Sofia April 15, 2025

Biomyc is developing bio-produced materials to produce plastics in car interiors.

New study reveals extent of Russian disinformation targeting Emerging Europe

Denitsa Koseva in Sofia April 14, 2025

'Pravda network' targeting regions of geopolitical interest for the Kremlin with negative impact on democracy and regional stability.

Thousands rally against corruption in Bulgaria

Denitsa Koseva in Sofia April 13, 2025

Protesters say 'mafia' has taken over Bulgarian government, judiciary, media and other institutions.

COMMENT: Could the US strike a deal to restart Nord Stream gas pipeline?

bne IntelliNews April 13, 2025

US President Donald Trump has made it clear that he wants to do business with Russia and tap into its vast raw material resources. But restarting the Nord Stream gas pipeline is the only US-Russian business project that looks viable.

Fitch confident Bulgaria heading for euro adoption

Denitsa Koseva in Sofia April 12, 2025

Rating agency says Eurozone entry to boost government stability after series of unstable coalitions that stalled reform progress.

COMMENT: US tariffs set to squeeze European corporate earnings across multiple sectors – Fitch Ratings

bne IntelliNews April 8, 2025

US President Donald Trump’s Liberation Day tariffs on European imports – set at 20% for EU member states and 10% for the UK – are poised to curtail revenue and profitability growth across several corporate sectors in Europe, according Fitch.

ING: Trump’s Tariffs - Europe’s worst economic nightmare just came true

ING April 3, 2025

A US 20% reciprocal tariff on the European Union will hurt. It's worsened the eurozone's short-term outlook. Now, so much depends on European governments to push through with their planned fiscal stimulus and reforms to strengthen domestic economies.

US tariffs on EU imports to hit Central and Southeast Europe

bne IntelliNews April 3, 2025

European Commission President Ursula von der Leyen says bloc considering retaliatory moves after Trump announces 20% tariffs.

Emerging Europe risks being “cast adrift” from the West, think-tank warns

bne IntelliNews March 31, 2025

Ongoing geopolitical realignment accelerated by Trump’s return to office could plunge Emerging Europe into a cycle of instability and regional conflict, says a paper published by the ECFR.

Romania offers to monitor Black Sea ceasefire alongside Bulgaria and Turkey

Iulian Ernst in Bucharest March 28, 2025

Interim President Ilie Bolojan says Romania has a strategic interest in continuing to support Ukraine.

Ukraine and Balkans ravaged by wildfires in 2024

bne IntelliNews March 27, 2025

Wildfires ravaged large swathes of land across Ukraine and the Balkans, with Ukraine suffering the highest recorded damage of any country in the region, said the EU's European Forest Fire Information System.

Rule of law in EU deteriorates, with decline concentrated in eastern members

bne IntelliNews March 24, 2025

Liberties report finds collapse of democratic standards in Hungary, and strong deteriorations in Bulgaria, Croatia, Italy, Romania and Slovakia.

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