Bulgaria's Cardiovascular Crisis: Deputy PM Urges Action
Bulgaria is grappling with a staggering burden of cardiovascular diseases, with more than 6 million new cases and over 1.8 million deaths reported annually
HOT: » Assessing the Legacy of Bulgaria's "Denkov" Cabinet: Achievements, Failures, and What Comes Next
Bulgarian banker Tsvetan Vassilev's companies contribute more that 10% of the country's GDP, according to Vassilev's own assessment.
"I employ 20,000 people in Bulgaria, and indirectly that number is over 150,000. My businesses make over 10% of Bulgaria's GDP. Given this, I know very well Bulgaria's true problems," said the banker.
Vasilev admitted that corruption is a grave ill in Bulgaria, but said this is something that politicians, rather than businesspeople, are to be held responsible for.
"The most serious problem in Bulgaria is that politicians think they are all powerful and untouchable. This will change sooner or later. The crisis speeds up those processes and the political system in Bulgaria will very soon change," concluded the banker.
Tsvetan Vassilev's Corporate Commercial Bank was the object of media attacks in 2012-3, after allegations that funds of Bulgarian state companies are heavily concentrated in the entity.
The banker has denied this many times recently.
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I feel no moral guilt towards anyone. This was stated by Kiril Petkov, answering a question whether he would apologize to the Bulgarian people for violating the Constitution.
Head of the Military Medical Academy (MMA) Major General Prof.
The Ministry of Finance has revised its autumn forecast for economic development.
Bulgarian police arrested a Russian citizen and two Lithuanians on suspicion of exporting “sensitive information” from the Arsenal military plant in Kazanlak.
The government has changed its order requiring state-owned companies to pay a dividend to the budget.
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