Boyko Borissov’s Gerb party was first placed in the snap general election on October 27, but without enough MPs to form a government.
Extreme apathy ahead of Bulgaria’s seventh general election since 2021, with little hope of a stable government.
The wiiw autumn forecast warns that not all of the recession in the German automotive industry has so far been felt in Central Europe and further difficulties should be expected.
Consumer prices in Bulgaria rose by 1.2% in September 2024 compared to the same period last year (chart), according to preliminary National Statistical Institute (NSI) data. Month on month, the Consumer Price Index (CPI) decreased by 1%.
Europe has a significant lag in productivity growth compared to the United States and China. Despite similar levels of spending, Europe is falling behind.
Bulgaria, Greece and Romania have warned that eastern EU members are paying much more for electricity than their western counterparts.
Bulgaria is part of Nato’s Eastern Flank, which the alliance has bolstered militarily since Russia’s invasion of Ukraine.
Southeast European countries including Romania, Bulgaria and Croatia have announced significant increases in defence spending.
In the first year of the war in Ukraine the lights started to go out across Europe as the consequences of cutting off Russian trade and gas began to kick in. Now the malaise has spread. Europe has fallen behind the US and being caught up by the EMs.
North Macedonia has been an EU candidate country since 2005 but has made little progress towards accession.
Finance Minister Lyudmila Petkova issues warning after parliament fails to give caretaker government mandate to negotiate with European Commission.
Yet another fragmented parliament expected after seventh election since 2021.
PM Hristijan Mickoski says EU’s decision sends a negative message to Macedonian citizens after two decades of little progress.
Development bank expects 2.8% growth across its region of operations in 2024, rising to 3.5% in 2025.
Purchase of Javelin missiles to boost Bulgaria’s long-term defence capacity amid military buildup in Black Sea area.
Think-tank recommends eastern EU members follow examples set by Ireland and Singapore.
International fashion chains’ expansion in Southeast Europe constrained by small market size and availability of modern retail space.
Critics of the Turnu Magurele-Nikopol HPP project say it will put villages along the Danube at risk, and could endanger nuclear power plants.
Aleksandar Nikoloski called Bulgarian President Rumen Radev an “uncivilised host” and Bulgarians “miserable”, worsening a diplomatic spat between the two countries.
When the fighting stops, the region will serve as a gateway to the trillions of euros in trade and investment that will flow towards reconstructing Ukraine.