GDP KEEPS GROWING, HORMUZ EFFECT SHOWS IN INFLATION DATA On the back of the 4th highest GDP growth in the EU in Q1 (3.1% y/y), Bulgaria’s economy continued to expand in the second quarter of 2026. The most recent readings...

Retail parks are one of the fastest–growing sectors of the commercial real estate market in Bulgaria. Developers and investors are showing strong activity as consumers increasingly prefer nearby and easy–to–access locations. Retail parks have become the main expansion format for...

This report focuses on apartments under active construction within the administrative boundaries of Sofia–city region and the residential settlements it includes. It provides an overview of the residential apartment market under construction in H1 2026, highlighting key supply trends, pipeline...

TMF Group has released the Global Business Complexity Index 2026, ranking 81 jurisdictions based on the complexity of operating and expanding internationally. The report assesses three key areas critical to cross-border business: accounting and tax, global entity management, and payroll...

With the ever more rapidly increasing number of civil and commercial arrangements involving an international element, there arises the need to have in place an effective procedure that would provide creditors with a simplified and speedy cross-border recognition and exercise...

NEW CURRENCY, NEW WINS, AND HEADWINDS​ The first quarter of 2026 in Bulgaria started with uncertainty and ended with a solid achievement, more uncertainty, and an opportunity.​ From day one, the economy faced a big challenge – the introduction of...

Sofia Retail Market 2026: Rising Incomes, Record Occupancy and a Booming City Scene Since 2020, wages in Sofia have grown by 86% and pensions by 129% – comfortably outpacing inflation and delivering a sustained boost to consumer purchasing power. Unemployment...

I. BackgroundThe principal division of medical establishments in Bulgaria is between hospital-type establishments and those providing outpatient medical care. For their part, outpatient medical establishments are divided into outpatient clinics for primary medical care (Art. 8, para. 1, subpara. 1...

As of April 2026, the Middle East is in a state of extreme military escalation, which began on February 28, 2026, following the start of the military operation against Iran (called “Operation Epic Fury” or “Roaring Lion”) undertaken by the...

The notion of audio-visual work of art refers to, above all, feature and documentary films made for cinema or TV. The legal relations involved in that are governed by the Copyright and Related Rights Act (CRRA), exactly in the context...