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The Economist: 2014 May be Second Election Year in Row for Bulgaria
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A file photo shows an anti-governmental protestor carrying a poster, reading “You are not yourself when you are greedy”. Photo by Dimiter Muftieff
Bulgaria's ruling Socialist-led coalition is unlikely to see out its four-year term, and 2014 may prove to be the second election year in succession, The Economist magazine forecast in its special edition “The World in 2014”.
“The ruling alliance between the Bulgarian Socialist Party (BSP) and the Movement for Rights and Freedoms (MRF) lacks a clear majority in the legislature and relies on the ultra-nationalist Ataka (Attack) party to govern, weakening its legitimacy at home and abroad.
Formed in May 2013 after public protest toppled its predecessor, the BSP/MRF is unlikely to see out its four-year term, and 2014 may prove to be the second election year in succession.“
According to The Economist rising domestic spending will help to revive the economy, but it will lack its pre-crisis effervescence.
The analysts set GDP growth at 2.2% and inflation – at 2.3%.
The magazine recommends that its readers keep a close eye on what is described as “the underground movement“.
The article ends on a funny note, explaining this has nothing to do with the Balkan Speleological Conference, to be held in Sofia in March to celebrate the 85th anniversary of organized speleology in Bulgaria.
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