Bulgaria

BALKAN BLOG: Attempt to storm Bulgarian parliament by self-styled ‘nazguls’ inspires memes and mockery

Denitsa Koseva in Sofia January 15, 2022

Far-right anti-vaxxer party whose MPs got the jab gets social media pasting.

bneGREEN: Institutional Investors Group on Climate Change urges EU to keep gas out of green taxonomy

Richard Lockhart in Edinburgh January 15, 2022

A group of sustainable investors has urged the EU to exclude gas from the new the EU Taxonomy green investment classification system.

Bulgaria mulls abolishing “golden passports” for investments

Denitsa Koseva in Sofia January 12, 2022

Sofia has been warned by the EU several times that it has to abolish the practice of giving citizenship in return for pledged investments.

Far-right ‘vaccinated anti-vaxxers’ try to storm Bulgarian parliament

Denitsa Koseva in Sofia January 12, 2022

Supporters of far-right Vazrazhdane party protest against COVID-19 restrictions and green certificates — but one-third of party’s MPs were revealed to have got the jab.

PPF still has the deal-making mojo after death of founder Petr Kellner

Robert Anderson in Prague January 11, 2022

New CEO Ladislav Bartonicek is reported to be selling Home Credit Russia as part of the investment group's shift to more mature markets.

Two investment funds buy Bulgarian IT company Chaos

bne IntelliNews January 11, 2022

Chao will merge with Enscape with a view to creating a global leader in the 3D visualisation and design workflow software sectors.

Spread of Omicron pushes coronavirus infections to all-time highs in parts of Southeast Europe

Denitsa Koseva in Sofia January 6, 2022

Albania and Croatia reported record numbers of COVID-19 infections while other countries are close to records set in previous waves of the pandemic.

Bulgaria’s population shrinks to historically low 6.5mn

bne IntelliNews January 6, 2022

Preliminary census results show Bulgaria's population declined by 11.5% compared to 2011 due to a combination of emigration and natural decrease.

bneGREEN: Brussels labels both gas and nuclear as green

bne IntelliNews January 5, 2022

Commission says there is a role for natural gas and nuclear as a means to facilitate the transition towards a predominantly renewable-based future.

New COVID-19 wave looms in under-vaccinated Southeast Europe

bne IntelliNews January 4, 2022

Soon after Southeast Europe emerged from the autumn wave of the pandemic, cases are already rising again as the Omicron variant spreads in the region.

CEE banking: As good as it gets in (post-) crisis times and the challenging geopolitical environment

Gunter Deuber in Vienna December 20, 2021

Western European banks have made double-digit increases in the growth of their credit exposures to the CE/SEE region in the past 12-18 months.

bneGREEN: Gas and nuclear still in the running to be included in EU green taxonomy

Richard Lockhart in Edinburgh December 17, 2021

The EU is set to make a final decision on December 22 on whether to include nuclear power and natural gas in its green taxonomy.

bneGREEN: Brussels outlines ambitious plans for hydrogen, methane use in bid to strengthen gas market

Richard Lockhart in Edinburgh December 15, 2021

The European Commission has published a draft bill to promote the use of hydrogen and biomethane across Europe, and to strengthen the resilience of the gas system after months of volatile gas prices and supply worries.

Top EU court says Bulgaria must issue ID to baby girl with two mothers

Denitsa Koseva in Sofia December 15, 2021

Bulgaria does not recognise same-sex marriage and refused to name both as mothers in a national birth certificate.

Bulgaria prepares to freeze utility prices as inflation reaches 10-year high

Denitsa Koseva in Sofia December 15, 2021

Bulgaria’s consumer prices increased by 7.3% y/y in November, accelerating from 6% a month earlier.

Bulgaria’s parliament endorses government led by Kiril Petkov

Denitsa Koseva in Sofia December 13, 2021

Appointment puts an end to the deep political crisis in the country that has held three general elections since April.

Bulgaria’s Change Continues inks coalition deal, nominates cabinet

Denitsa Koseva in Sofia December 11, 2021

Formation of the coalition should put an end to the deep political crisis in Bulgaria, which has gone through three general elections and two caretaker governments since April.

Biden pledges no backstage talks with Russia about Nato’s eastern flank

Wojciech Kosc in Warsaw December 10, 2021

US president reassures Bucharest Nine of commitment after talks with President Putin stoke fears.

Bulgaria’s Dronamics launches unmanned aircraft for cargo drone market that’s about to boom

Denitsa Koseva in Sofia December 9, 2021

Dronamics’ Black Swan can carry 350 kg of cargo a distance of 2,500 km at a cost up to 80% lower than any existing aircraft.

BALKAN BLOG: A new generation prepares to take charge in Bulgaria

Denitsa Koseva in Sofia December 5, 2021

Bulgaria’s new parliament elected its youngest-ever speaker amid pledges of zero tolerance for corruption — but uncertainty remains as MPs have yet to sign a formal coalition deal.

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