Bulgaria's Eurozone Aspirations: Fitch Ratings Affirms Positive Outlook
Fitch Ratings, a leading credit rating agency, has affirmed Bulgaria's Long-Term Foreign-Currency Issuer Default Rating at 'BBB' with a Positive Outlook
Bulgaria's Prime Minister Boyko Borisov knows he should be more than careful in his staff policy, which has often been a washout with dire consequences.
Clearly and unfortunately he has made quite a few faux pas.
Even more unfortunately, that's not just because he can't help being a populist.
Rather he has special favors to return to special interest groups.
Last week offered yet another striking example of shoddiness in high-level nominations - failed EU Commissioner-Designate Rumiana Jeleva was tipped for a second term in office as European People's Party deputy chair.
Jeleva failed and that was hardly a surprise.
Of course, this was nothing in comparison with the unprecedented scandal her pitiful performance triggered in the European Parliament two years ago.
Still - she had already dealt a heavy blow to the national pride, the country's image and the center-right government, so why nominate her?
I just can't help not thinking of her husband's alleged links to TIM group (as claimed by Die Welt), which Wikileaks described as the new leader of organized crime in Bulgaria.
Even though Jeleva's nomination was not approved, it poses a lot of questions.
Unfortunately, in Bulgaria these questions are rarely raised, let alone answered.
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