Latest articles from Bulgaria


Bulgarian National Bank governor puts faith in reforms

April 29, 2021

Dimitar Radev, governor of the Bulgarian National Bank, on getting the country through the pandemic and plans to adopt the euro in 2024.

Bulg econ

Bulgaria's hopes lie in the eurozone

April 29, 2021

Bulgaria is struggling with low wages and political uncertainty, but remains determined to join the eurozone by 2024.

Bulg banks

M&A expected in Bulgaria's banking sector

April 29, 2021

Bulgaria's banks look strong and stable as the country moves towards adopting the euro, but the sector still requires consolidation.

Top 100 central and eastern Europe EU banks ranking

Top 100 central and eastern Europe EU banks ranking: Tier 1 capital ebbs as dollar strengthens

May 1, 2016

Bulgarian lenders bucked the trend as Tier 1 capital contracted in most of central and eastern Europe, while Czech institutions retained their status as most profitable banks in the region.

Crisis in Greece: the credit impact on south-eastern Europe

July 13, 2015

The turmoil in Greece is having an impact on financial markets throughout the eurozone, but this impact may be felt greater in its five neighbours where Greek banks have a particularly large presence: Albania, Bulgaria, Macedonia, Romania and Serbia.

Austrian banks’ profits in CEE hit all-time low

May 22, 2015

For years, Austrian lenders Erste Bank and Raiffeisen Bank have enjoyed strong profits at their central and eastern European operations, but with growth in these economies slowing, more recent results suggest that they may need to rethink their strategies in the region.  

Top 100 CEE EU banks ranking

Top 100 CEE EU banks ranking: Poland and Czech Republic hold sway

April 30, 2015

Central and eastern European banks in the EU faced a sluggish 2013, but Poland led the region in terms of growth and the Czech Republic in terms of returns. Baltic banks are also starting to rise to the challenge.

Petar Chobanov

Bulgaria's outgoing finance minister rallies for reform

September 1, 2014

Petar Chobanov spent little more than a year as Bulgaria's finance minister before the government resigned and he had to step down from his post. He describes the reforms that he started during his tenure and explains why it is important for the new government to continue this work.

Bulgarian banks in limbo

Crisis leaves Bulgaria's banks in limbo

September 1, 2014

Bulgaria’s recent banking crisis and the resignation of its government have left its financial sector in a state of limbo awaiting elections in October. 

Boyko Borisov

Tough road ahead for Bulgaria's banks

May 1, 2013

The Bulgarian banking sector has not needed government assistance in the wake of the financial crisis, but its slow growth rates and high non-performing loans do not make an inspiring combination.

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