Bulgaria Grapples with Soaring Corruption Rates: New Report Reveals Shocking Data
Corruption in Bulgaria has soared to its third highest peak in history, according to a recent report by the Center for the Study of Democracy
Rumen Radev, the country’s president, gave the mandate to Plamen Nikolov against the backdrop of growing tensions among the three parties representing popular protests against conservative former prime minister Boyko Borissov: ‘There is Such a People’, ‘Democratic Bulgaria’ and ‘Stand Up Bulgaria’.
The nomination of 44-year-old Nikolov came as a surprise, because ‘There is Such a People’ had kept their cards close to the chest and did not reveal their nominees for the cabinet, including their top candidate. This unnerved their allies, ‘Democratic Bulgaria’ and ‘Stand Up Bulgaria’, whose support for the cabinet named by ‘There is Such a People’ remains uncertain.
On the website of ‘There is Such a People’ Nikolov is presented as a “doctor of philosophy of law, politics and economics”, “with 15 years of experience in business and project management”.
The anti-system ‘There is Such a People’ made an unsuccessful attempt to form a government a day after the elections, which was received very negatively across the political board, including by the parties seen as their natural allies, Democratic Bulgaria’ and ‘Stand Up Bulgaria’.
It remains unclear if some of the previous nominees will be proposed again as ministers in Nikolov’s cabinet./Euractiv
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
Amidst discussions about Bulgaria's journey towards joining the Eurozone, Deputy Governor of the Bulgarian National Bank (BNB), Petar Chobanov, highlighted the robustness of Bulgaria's banking system, stating it aligns closely with Eurozone standards
Bansko, Bulgaria's premier mountain resort, experienced a surge in winter tourism, with more than 190,000 visitors flocking to its slopes during the season
In a recent interview with BTA, Kristalina Georgieva, Managing Director of the IMF, emphasized the importance for Bulgaria to seize the opportunity to adopt the euro, stressing that it is achievable with the right political will
In its latest macroeconomic forecast released on Tuesday, the Bulgarian National Bank (BNB) anticipates a 2.2% increase in Bulgaria's Gross Domestic Product (GDP) for the year 2024, compared to 1.8% in 2023
As Bulgaria inches closer to potential entry into the Eurozone, a closer examination of the nation's banknote circulation provides valuable insights into its monetary landscape
Vasil Velev, Chair of the Bulgarian Industrial Capital Association (BICA), delivered a stark assessment of the European Union's (EU) economic performance, highlighting concerns over its lackluster growth compared to global counterparts
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022