Bulgaria’s Bulgartransgaz signs deal on Turkish Stream construction with Arkad

Denitsa Koseva in Sofia September 18, 2019

Contract signed after Supreme Court ruling reinstates Arkad as winner in the tender to build the Bulgarian leg of the second line of the Turkish Stream pipeline.

Bulgarian national broadcaster BNR shut down for hours after prominent journalist suspended

Denitsa Koseva in Sofia September 15, 2019

The decision to suspend Silvia Velikova caused a storm in Bulgaria as it was seen as yet another attempt to silence journalists critical of those in power.

When Chinese deals turn sour

Clare Nuttall in Glasgow September 12, 2019

Tighter regulation and growing geopolitical tensions have caused a downturn in global Chinese outward FDI in the past two years. The Central and Eastern Europe region is no exception.

“Airbnb for boats” GetMyBoat reports surge in Southeast European business

bne IntelliNews September 9, 2019

GetMyBoat, which describes itself as the world’s largest “Airbnb (or Uber) for boats” has seen a dramatic surge in business in Central, Eastern and especially Southeast Europe this summer.

Bulgaria’s GDP expands 3.5% in 1219

bne IntelliNews September 7, 2019

Preliminary statistics office figure in line with forecasts from international financial institutions that have projected Bulgaria’s GDP growth above 3% in 2019.

VW ‘one tax pledge away from choosing Turkey over Bulgaria for €1bn plant’

bne IntelliNews August 30, 2019

Erdogan administration reportedly trying to come up with formula that would not hit other automakers on market ravaged by recession.

Europe still has East-West divide in waste generation

bne IntelliNews August 26, 2019

Despite the recent consumer boom, all but one of the eastern EU members produces less waste than any western member, a new study from Eurostat shows.

Fitch sees Bulgaria as next eurozone entrant

bne IntelliNews August 26, 2019

Bulgaria could adopt the European single currency as early as January 2023, says the international rating agency.

Fatal illness, freak accident dent Bulgarian tourist sector’s reputation in UK

bne IntelliNews August 22, 2019

An outbreak of Legionnaires’ disease linked to a Bulgarian hotel and a freak accident on an “extreme” waterslide have raised doubts among British holidaymakers about the Southeast European destination.