Bulgaria

Bulgaria’s INSAIT launches three new AI models

bne IntelliNews November 20, 2024

Institute develops new Bulgarian-language AI models it says deliver "unprecedented performance".

Central European countries least likely in the EU to prioritise climate change

Clare Nuttall in Glasgow November 18, 2024

Stark contrast with Southern Europe, where around half of respondents from Bulgaria, Romania and other countries fear they will have to relocate to escape climate crisis, EIB survey shows.

Flash estimate shows Bulgaria’s GDP growth at 2.2% in 3Q24

bne IntelliNews November 17, 2024

Growth speeds up compared to previous nine quarters as Bulgaria adjusts to nearby Ukraine war and domestic political crises.

Russian consulate that was closed for espionage continues to work secretly in Bulgaria's Varna

Denitsa Koseva in Sofia November 14, 2024

Consulate revealed to still be working secretly at the premises of the pro-Russian Bulgarian Socialist Party.

PPF mulling bid for United Group's telecom assets in Southeastern Europe

Albin Sybera November 13, 2024

United Group’s telecoms assets in southeastern Europe have been put up for a potential sale.

IMF: How to awaken Europe's private sector and boost economic growth

IMF November 11, 2024

In the European Union, income per person, one of the main gauges of living standards, is on average one-third less than in the United States, mostly because of lower productivity—as emphasised by Mario Draghi’s Sept. 9 competitiveness report.

COMMENT: Political, economic and security headaches Trump Europe’s mounting problems

Ben Aris in Berlin November 8, 2024

The re-election of Donald Trump as US President could become a major headache for Europe that is already struggling to keep its head above recessionary water.

EU leaders gauge impact of Trump’s return at Budapest ECP summit

Tamas Csonka in Budapest November 8, 2024

French President Emmanuel Macron urged Europe to embrace "strategic autonomy" in the wake of Trump's victory, advocating for a Europe less reliant on American military protection.

Erdogan urges full inclusion of Turkey in EU defence efforts

bne IntelliNews November 7, 2024

With second largest land forces in Nato, Ankara may have an ace in efforts to join European bloc if Trump takes US on isolationist path.

Lukoil denies plans to sell Bulgarian refinery to Qatari-UK consortium

Denitsa Koseva in Sofia November 7, 2024

Lukoil denies reports of talks with UK-Qatari consortium, but says it is "considering various options" regarding its Bulgarian business.

VISEGRAD BLOG: Central Europe's populists clamour to applaud Trump's victory

Robert Anderson in Prague November 7, 2024

Hungarian Prime Minister Viktor Orban is set to parade his support for Trump at the European Political Community meeting in Budapest on November 7-8.

Trump’s victory to ease Bulgaria’s u-turn towards soft dictatorship

Denitsa Koseva in Sofia November 6, 2024

Ex-PM Boyko Borissov and Magnitsky-sanctioned MP Delyan Peevski expected to form an Orban-style government.

MOSCOW BLOG: The EU loses its appeal

bne IntelliNews November 6, 2024

One of the salient points is that would-be members have never been interested in the “values” part of the deal and see the need to adhere to them simply as an annoyance that has to be tolerated if you want access to the transformation grants.

MOSCOW BLOG: The EU loses its appeal

Ben Aris in Berlin November 5, 2024

After the collapse of the Soviet Union the only thing almost all the former republics and vassal states wanted to do was join the European Union. It was a no brainer. Not any more. A growing number of countries have cooled on joining the EU.

Bulgarian politicians demand recount of October 27 vote

Denitsa Koseva in Sofia November 4, 2024

Widespread allegations of vote buying and blatant ballot stuffing centre on Magnitsky-sanctioned Delyan Peevski's DPS – New Beginning.

Bulgaria’s political course hinges on US election result

Denitsa Koseva in Sofia November 3, 2024

Growing speculation populist ex-PM Boyko Borissov is waiting to see if Donald Trump makes a return to the US presidency before attempting to form a new government.

INTERVIEW: Draghi report recommendations could lift eastern EU members’ economies, says EBRD chief economist

Clare Nuttall in Glasgow October 31, 2024

Central and Eastern Europe have achieved spectacular growth over the last 30 years, but those sources of growth have been depleted, Beata Javorcik told bne IntelliNews.

German Dataciders acquires Bulgarian IT services provider ROITI

bne IntelliNews October 29, 2024

Takeover of Bulgarian data and AI consultant to strengthen Dataciders' customer base in the energy and utilities market.

Calls for mass protests in Bulgaria over suspected large-scale election fraud

Denitsa Koseva in Sofia October 29, 2024

Observers say tens of thousands of votes were bought during Bulgaria’s October 27 snap general election.

Bulgaria's populist former PM Borissov seeks comeback after general election win

Denitsa Koseva in Sofia October 27, 2024

Boyko Borissov’s Gerb party was first placed in the snap general election on October 27, but without enough MPs to form a government.

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