Bulgaria

Bulgaria COVID-19 deaths soar to new record but government won't lock down

bne IntelliNews November 2, 2021

Health minister says no new lockdown but urges Bulgarians to stay home when possible and get vaccinated.

Bulgarian presidential candidate stripped of immunity after brutal attack on LGBTI centre

bne IntelliNews November 2, 2021

Eyewitnesses said Boyan Rasate of the far right Bulgarian National Union punched a female activist in the face and slashed the tyres of a scooter parked outside the Rainbow Hub in Sofia.

THE VIEW FROM MITTELEUROPA: German traffic light coalition could worsen frictions with CEE

Marcus How and Gunter Deuber in Vienna November 1, 2021

A new centre-left government in Berlin could help create a two-tier Europe, especially if it promotes rule of law penalties.

Bulgarian flexi-work tech company OfficeRnD raises $10mn

bne IntelliNews October 28, 2021

OfficeRnD raises $10mn in funding round led by US Runa Capital to develop its products, build new partnerships and expand its global footprint.

bneGREEN: UN warns that net-zero pledges are insufficient and not urgent enough

By Richard Lockhart in Edinburgh October 27, 2021

A majority of G20 net-zero pledges made so far are not strong enough and are not backed up by meaningful and effective promises of action.

Constitutional Court ruling goes against key Bulgarian political player Petkov ahead of general election

Denitsa Koseva in Sofia October 27, 2021

Kiril Petkov, seen as a contender to become Bulgaria’s next prime minister, was found to have broken the law by holding dual citizenship while serving as caretaker minister.

bneGREEN: EU MEPs back binding methane targets

bne IntelliNews October 25, 2021

In a resolution on the EU’s strategy for cutting methane emissions, MEPs voted 563 to 122 in favour of introducing binding measures and targets on methane abatement, in order to significantly reduce emissions by 2030, in line with Paris goals.

BALKAN BLOG: New COVID certificate rules cause rush on vaccinations in Bulgaria

Denitsa Koseva in Sofia October 23, 2021

The number of daily vaccinations nearly tripled to 30,000 after caretaker Health Minister Stoycho Katsarov said only people with green COVID-19 certificates can go to pubs, night clubs, restaurants and shopping malls.

Balkan Stream countries hope to avoid worst of international gas crisis

Clare Nuttall in Zagreb October 21, 2021

While the debate rages over the Nord Stream 2 pipeline, a separate pipeline system carrying Russian gas to Southeast Europe has been quietly opened over the last few years, which enables the countries on its route to avoid the worst of the gas crisis

wiiw hikes 2021 CEE growth forecast to 5.4%

Robert Anderson in Prague October 21, 2021

Growth is predicted to fall to 3.7% in 2022 and 3.5% in 2023 because of base effects, monetary tightening and more significant external headwinds.

Bulgaria’s inflation reaches nine-year peak in September

bne IntelliNews October 19, 2021

Inflation rises to 4.8% y/y in August, after the CPI rose by 3.7% year-on-year in July.

bneGREEN: Green policies set to reduce EU gas demand to baseload core

By Richard Lockhart in Edinburgh October 18, 2021

While the current gas crisis in the EU sees record-high wholesale gas prices, hurting consumers and causing the latest round of a supply disputes with Russia, the race to net zero by 2050 could have deeper long-term consequences for EU gas demand.

CEE needs to speed up transition to new growth model, argues GLOBSEC report

bne IntelliNews October 12, 2021

Annual CEE Strategic Transformation Index puts Slovenia top in CEE (after Austria), followed by Czechia and Poland.

CEE/SEE countries unite in defence of nuclear power

bne IntelliNews October 12, 2021

EU’s pro-nuclear member states want nuclear energy to be included in the bloc's green taxonomy as a way to ameliorate climate change.

bneGREEN: Bulgaria to propose three dates for closure of coal-fired power plants

bne IntelliNews October 11, 2021

Sofia is under pressure to draw up a timeline to shut down its coal plants before the European Commission approves its recovery plan.

Von der Leyen says EU has to deliver on enlargement

Valentina Dimitrievska in Skopje October 6, 2021

EU leaders reaffirmed their support for enlargement at summit in Slovenia, but they did not set any firm timeline.

Botched Vera Su rescue operation showers toxic cargo into sea off Bulgaria

Denitsa Koseva in Sofia September 28, 2021

Attempt to move nitrogen fertiliser cargo off stranded ship called off after significant contamination to the sea and nearby land.

A pandemic boost but challenges to overcome for Bulgaria’s online retailers

Clare Nuttall in Glasgow September 28, 2021

Online vendors of goods got a pandemic boost in Bulgaria, but when the lockdowns were lifted, many people simply went back to the shops.

Stranded ship loaded with fertilisers threatens Bulgarian coast

Denitsa Koseva in Sofia September 27, 2021

Environmental groups fear the Vera Su may already be leaking cargo of nitrogen fertilisers and diesel fuel into Yailata protected area as officials fail to act.

Smart Organic plans Sofia IPO to fund purchase of German competitor

bne IntelliNews September 26, 2021

Bulgarian producer and distributor of organic food comes back for second attempt at IPO as it aims to buy German firm and build new factory.

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