KBEP

BULGARIAN ECONOMIC TOP NEWS DIGEST WEEKLY REPORT (27 May - 3 June 2011) Sections/headline briefs: MACROECONOMY: · Bulgaria's Meat, Milk Exports on the Rise · Earnst & Young Rank Bulgaria 32nd in Renewable Energy Attractiveness INVESTMENTS: · Irish Island Renewable Energy to Build Wind Park in Bulgaria Chevron to invest EUR 30mn in gas exploration in northeast Bulgaria COMPANIES AND INDUST..

BULGARIAN ECONOMIC TOP NEWS DIGEST WEEKLY REPORT (13 - 20 May 2011) Sections/headline briefs: MACROECONOMY: GDP grows 2.5% y/y in Q1 2011 – flash estimate Bulgarian Energy Watchdog to Raise Prices of Electricity from Renewables IMF Sees Bulgarian Economic Growth at 3%, Inflation -5.3% End-2011 World Bank to grant Bulgaria 310M euro by 2013 INVESTMENTS: Tianjin State Farms to invest above EUR ..

BULGARIAN ECONOMIC TOP NEWS DIGEST WEEKLY REPORT (5 - 13 May 2011) Sections/headline briefs: MACROECONOMY: Ø Raiffeisen Research: Bulgaria's Domestic Market Shows Fragile Signals of Recovery, but Feeling of Insecurity Lingers Ø Industrial production grows 6.1% y/y in March 2011 Ø Exports growth speeds in March 2011 Ø Bulgaria's foreign trade turnover records EUR 47m surplus in Q1 2011 I..

BULGARIAN ECONOMIC TOP NEWS DIGEST WEEKLY REPORT (29 April – 5 May 2011) Sections/headline briefs: MACROECONOMY: Bulgarian Economy to Grow 2.5% by end-2011 · Bulgaria's economy grew 1% in Q1 2011 - Centre for Economic Development INVESTMENTS: INTERVIEW - Insufficient Grid Capacity Stalls Italgen's Expansion Plans in Bulgaria INTERVIEW - Siemens Sees IT Outsourcing Thriving in Bulgaria in Sh..

BULGARIAN ECONOMIC TOP NEWS DIGEST WEEKLY REPORT (22 - 29 April 2011) Sections/headline briefs: MACROECONOMY: Ø Business sentiment improves 2.4pps m/m in April 2011 Ø IMF: Bulgaria’s Economy to Grow 3% Ø Domestic market bolsters Bulgarian companies' performance in Q1 2011 INVESTMENTS: Ø Petr Dokladal, CEZ Regional Manager: we want larger investment threshold COMPANIES AND INDUSTRIES: ..

BULGARIAN ECONOMIC TOP NEWS DIGEST WEEKLY REPORT (15 - 21 April 2011) Sections/headline briefs: MACROECONOMY: Ø Bulgaria's inflation third highest in EU in March - Eurostat Ø General budget posts small surplus in March 2011 Ø WB forecasts 2.5% GDP growth in 2011 INVESTMENTS: Ø CEZ will invest EUR 40 million in RES projects Ø RES business will invest in the dark: The prices of the gree..

BULGARIAN ECONOMIC TOP NEWS DIGEST WEEKLY REPORT (8 - 15 April 2011) Sections/headline briefs: MACROECONOMY: Ø Bulgaria's Exports to Non-EU Countries Grow by 65.5% y/y Jan-Feb 2011 Ø Bulgaria's industrial output grows 3rd fastest in EU in Feb 2011 Ø IMF improves 2010 GDP forecast for Bulgaria INVESTMENTS: Ø Railroad carrier BDZ to invest EUR 61.4mn in three years Ø Industry, Energy In..

BULGARIAN ECONOMIC TOP NEWS DIGEST WEEKLY REPORT (1 - 8 April 2011) Sections/headline briefs: MACROECONOMY: Ø Retail sales fall 0.1% y/y in February 2011 – Eurostat Ø Bulgaria’s Industrial Production Up by 15% y/y February 2011 Ø Construction output declines by 13.6% y/y in February 2011 INVESTMENTS: Ø GDF Suez to invest EUR 100mn in biomass power plants. Ø Winslow plans wind farm..

BULGARIAN ECONOMIC TOP NEWS DIGEST WEEKLY REPORT (25 March – 1 April 2011) Sections/headline briefs: MACROECONOMY: Ø Business sentiment deteriorates 4.1pps m/m in March 2011 Ø Industrial producer price growth speeds to 12.5% y/y in February 2011 Ø Renewable energy production reaches 15% of consumption in 2010 Ø Bulgaria could lose part of EU funding for ecology - EC official INVESTMEN..

BULGARIAN ECONOMIC TOP NEWS DIGEST WEEKLY REPORT (18 - 25 March 2011) Sections/headline briefs: MACROECONOMY: Ø BIA: Bulgaria's Exports Grow Thanks to Bigger Quantities Ø EBRD confirms GDP growth forecast at 2.6% this year Ø Foreign debt falls 2.9% y/y to EUR 36.3bn at end-January Ø Advertisement market declines 14% in 2010 Ø Bulgaria Exported Record Amount of Honey in 2010 INVESTMENT..