Sofia-based LAUNCHub Ventures holds first close of new fund on €44mn

bne IntelliNews January 15, 2021

LAUNCHub Ventures aims to raise €70mn for the fund targeted at companies from Central and Southeast Europe in a range of tech sectors.

ING THINK: Growth in the Balkans: from zero to hero again?

Valentin Tataru and Trieu Pham of ING in Vienna January 14, 2021

ING reviews the main macroeconomic forecasts for Bulgaria, Croatia, Romania and Serbia. While the resurgence of coronavirus infections has dashed hopes for a rapid V-shaped recovery, 2021 should still be a good year.

Heavy flooding causes chaos in parts of Southeast Europe

bne IntelliNews January 11, 2021

Dozens of people have been evacuated from their homes in Albania and Kosovo, while emergency situations were declared in parts of Bulgaria and Serbia.

OUTLOOK 2020 Bulgaria

bne IntelliNews January 11, 2021

Political turmoil to continue as Bulgaria prepares to hold general election in March amid economic contraction and deep distrust of political institutions.

Bulgaria's retail sales fell 6.4% y/y in November

bne IntelliNews January 10, 2021

The annual fall in November was due to plunging food and motor fuels sales, but retail turnover inched up compared to October.

BRICKS & MORTAR: Rosier future beckons for CEE retailers after year of change and disruption

Clare Nuttall in Glasgow January 10, 2021

A gloomy start to 2021, but labour markets and purchasing power in the CEE region are in much better shape than after the 2008 financial crisis, indicating retail will bounce back from the coronacrisis, says Colliers.