Bulgaria
Emerging Europe growth resilient despite global risks, wiiw says
Economies across Central, Eastern and Southeast Europe are set to maintain solid growth in 2025 and 2026 but face downside risks from Middle East tensions, the war in Ukraine and US trade policy.
EU eyes new Asian trade alliances to offset US trade war risks
European Commission President Ursula von der Leyen is pushing for closer ties with Asia as part of a new EU trade strategy to offset the growing trade war risks with the Trump administration and reforming the global trade system.
Bulgarian anti-euro campaigners set up protest camp in Sofia
Vazrazhdane leader Kostadin Kostadinov threatens to destroy the eurozone from the inside if Bulgaria joins in January 2026.
Europe swelters in historic heatwave
Record-breaking temperatures for the time of year are likely to occur across a large part of western Europe in the coming days as a historically unprecedented heatwave intensifies.
Global uncertainty causes FDI to plummet in Emerging Europe
wiiw research blames crisis in German industry and the uncertainty surrounding Donald Trump’s second term as US president for sharp slowdown in FDI.
Proposed defence spending hike to 5% of GDP exposes divisions among Nato members
Russia hawks in Poland and the Baltic States are firmly behind plan to increase defence spending to 5% of GDP, while other members question new target.
Who hold the most gold reserves?
In 2025, gold prices reached unprecedented levels, with spot gold trading at above $3,932 per troy ounce as of May 7th, an increase of over 83% within just a year.
EU taps Bulgarian drone startup Dronamics for up to €30mn investment
Dronamics has become one of the most high-profile EU-based aerospace startups.
US resists EU and UK push to cut Russian oil price cap at G7 summit
The US is resisting calls from European governments to reduce the G7 price cap on Russian oil from $60 to $45 per barrel, frustrating efforts by the EU and UK to increase financial pressure on Moscow as leaders meet for a G7 in Canada.
Bulgaria’s Constitutional Court rejects president’s request for referendum on euro adoption
Sofia recently got the green light from the European Central Bank and the European Commission to join the eurozone on January 1, 2026.
Deloitte EMEA Fast 500 Technology ranking brims with Turkish, CEE and SEE startups
Top entry from Turkey is Novi Robot, a maker of automation systems for manufacturing plants.
Bulgaria’s government probes secret energy cartel allegations
PM Rossen Zhelyazkov orders ministers to take action after anticorruption NGO revealed businessman Hristo Kovachki's control over 150 energy companies.
Global energy investment to reach a record $3.3 trillion in 2025, but problems with grids remain – IEA
Global energy investment is projected to reach a record $3.3 trillion in 2025, despite continued economic uncertainty and heightened geopolitical risks, according to the International Energy Agency.
Bulgaria gets green light for eurozone entry as protesters gather in Sofia
Far-right, pro-Russian protesters block entrances to Bulgaria's parliament and central bank.
Russia’s Gazprom has quietly shelved Turkey gas hub plan, says report
Project praised by Putin no longer seen as viable, sources at energy giant cited as saying.
40% of Europe already in a drought before summer gets fully underway
As Europe slides into its third disaster season, 40% of the EU is already officially facing a drought before the hottest months of the year arrive. And this year’s droughts are likely to become even worse than previous heatwaves.
Bulgaria’s Anti-Corruption Fund reveals massive secret energy cartel
NGO’s investigation finds cartel comprising over 150 companies with turnover of €2.6bn owned by controversial businessman Hristo Kovachki.
Thousands of Bulgarians rally against euro adoption
Protesters waved Bulgarian and Russian flags and chanted ‘Freedom for the Bulgarian lev, death to the euro’.
COVID is back - a new "NB.1.8.1" strain is spreading across continents
The coronavirus (COVID-19) is back. Reports from health authorities around the world have detected a new highly contagious strain of the virus that has been spreading through Asia and has now reached Russia.
Bulgarians divided on euro adoption
Bulgaria has set a target date of January 1, 2026 for euro adoption, but the government's commitment to Eurozone entry faces political opposition.