Bulgaria

Anti-establishment parties primed for new assault on Bulgarian status quo

Denitsa Koseva in Sofia July 8, 2021

Three opposition parties hope to get enough support in order to form a stable ruling majority and oust from power the Gerb party, which has been in office for most of the past 12 years.

wiiw raises its GDP forecast for 20 out of 23 countries in CEE

bne IntelliNews July 8, 2021

The Vienna Institute for International Economic Studies has raised its GDP growth forecasts for 20 out of 23 countries in Central and Eastern Europe as the coronavirus (COVID-19) pandemic starts to recede.

bneGREEN: What is green?

bne IntelliNews July 6, 2021

Defining green energy and indeed green investments is not an exact science, Determining just how green each of the various energy sources are gets complicated once you start digging into the details.

CEE regional sentiment up again in June but analysts warn of price pressures

bne IntelliNews July 1, 2021

Capital Economics analysts point to evidence of growing price pressures in eastern EU members.

bneGREEN: Hydro’s elderly turbines need fresh investment to contribute to net zero

Richard Lockhart in Edinburgh June 30, 2021

Hydro needs new investment to replace elderly infrastructure and accelerate the road to net zero, the IEA says.

Under half of emerging Europe economies to achieve full recovery in 2021

bne IntelliNews June 29, 2021

EBRD says recovery from the coronacrisis is progressing faster than expected, but many emerging Europe economies won’t return to 2019 levels of GDP until 2022.

bneGREEN: Most green energy beats coal on price in 2020

Richard Lockhart June 24, 2021

162 GW, or 62%, of new renewable capacity was cheaper than new fossil fuel-fired generation in 2020

Bulgaria keeps veto on launch of EU accession talks with North Macedonia

Valentina Dimitrievska in Skopje June 22, 2021

No progress towards EU membership for North Macedonia or Albania despite pressure on Bulgaria from fellow member states to drop veto.

Romania in line with the Baltic states as fastest converging EU members

bne IntelliNews June 22, 2021

Romania’s GDP per capita increased to 72% of the European Union’s average last year, after rising by 20 percentage points over the past decade.

Showman Slavi Trifonov’s vehicle edges ahead in polls before Bulgaria’s July general election

Denitsa Koseva in Sofia June 17, 2021

There Are Such People now has a narrow lead over ex-PM Boyko Borissov’s Gerb but as race tightens its unclear whether political newcomers will manage to secure a majority.

Southeast Europeans most likely in EU to believe corruption is getting worse

bne IntelliNews June 16, 2021

Transparency International survey shows citizens of Slovenia and Bulgaria were most likely to think their government was run by a few big interests looking out for themselves.

International banking groups look to expand in Central and Southeast Europe despite pandemic

Clare Nuttall in Glasgow June 14, 2021

International banking groups remain committed to the region, with their strategies tilted towards expansion or stability despite the coronavirus pandemic, EIB survey shows.

COMMENT: Time to end Putin's impunity

Jeff Lovitt and Jan Piekło June 10, 2021

The price faced by Russia for aggression must be too high for the Kremlin to countenance, and this is the message that Biden should deliver to Putin – and act upon.

COMMENT: CEE national recovery and resilience plans – the focus, the gaps and what comes next

Otilia Dhand of Teneo June 10, 2021

Most CEE governments submitted their national plans after the deadline and two (Bulgaria and Estonia) are yet to finalise them.

bneGREEN: IEA calls for $1 trillion of annual investment into clean energy in developing economies

Richard Lockhart in Edinburgh June 9, 2021

Private finance is crucial if emerging economies are not to be left behind in the race to net zero, the IEA warns.

Bulgarian PM slams “useless” anti-corruption agencies

Denitsa Koseva in Sofia June 8, 2021

Stefan Yanev’s interim government has been probing events under the former government led by Boyko Borissov that lost power in April.

bneGREEN: European Commission provides €1bn funding boost for 72 Green Deal research projects

Richard June 6, 2021

The European Commission has selected 72 research and innovation projects that will receive €1bn in funding to support the aims of the Green Deal.

Bulgaria has worst air pollution in the EU, Eurostat says

bne IntelliNews June 4, 2021

Bulgaria has been struggling for years with air pollution in urban areas, particularly in winter.

Illegal organ transplant scandal revealed at Bulgarian VIP hospital

Denitsa Koseva in Sofia June 3, 2021

Kidneys from young living donors from Moldova and Ukraine transplanted into hospital’s rich international patients.

US sanctions Bulgarian officials and businessmen over involvement in significant corruption

bne IntelliNews June 2, 2021

US Treasury's largest action tackling corruption to date targets two high-profile businessmen and several ex-officials.

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