Economic Updates: Bulgaria

Frozen Funds

Bulgaria | 5 Dec 2008

Questions have been raised as to just how much progress Bulgaria has made since EU accession, with the European Commission (EC) making the unprecedented move of cancelling some funding due to the country's failure to deal with corruption.

Sticking to Fixed Exchange

Bulgaria | 6 Nov 2008

Bulgaria is expected to experience leaner economic times over the coming year, but reports of an impending crisis appear to be somewhat unfounded.

Energy Hub

Bulgaria | 13 Oct 2008

Bulgaria's role as a key European energy centre has been put under the spotlight this month after the visit of a senior US official.

Road Development

Bulgaria | 29 Sep 2008

Several important Bulgarian road projects are expected to gain momentum over the coming weeks, a welcome boost for a sector that has been beset by delays in the past.

Economic Outlook Assessed

Bulgaria | 4 Sep 2008

With Foreign Direct Investment (FDI) down in the first half of the year, a large portion of European funding on hold and sovereign ratings outlook on negative, concerns are growing that Bulgaria's economy faces tougher times ahead.

The Age of $15 Flights

Bulgaria | 19 Aug 2008

Sofia Airport has reported strong passenger growth for the first half of 2008, as international and particularly domestic flights grew in frequency and popularity.

EU Funds Frozen

Bulgaria | 7 Aug 2008

The European Commission (EC) decided to indefinitely suspend funding to Bulgaria due to serious concerns about corruption and organised crime.