Most Bulgarian citizens believe in democracy, support the country's Euro-Atlantic orientation and believe that the Western liberal democracies are the best governed countries and should serve as an example to Bulgaria. This emerges from a joint report by the Open Society Institute and the Centre for Liberal Strategies. The report says that 52% of Bulgarians support democratic governance, down by only 4% from last year, which could seem a surprisingly small drop given the antidemocratic rhetoric employed by some political players in recent months.
GERB surges but 'don't knows' still cast doubt
GERB has increased its lead over We Continue the Change by 6 to 9% as the campaign ends. Revival is also increasing its support. There is such a Nation and Bulgarian Rise, meanwhile, remain on the edge of the four percent and whether they get into the next Parliament will depend on turnout, which is expected to be quite low, as well as on the large share of undecided voters. These are the findings from Friday's major polling agencies.
Kaufland and Billa fined over sunflower oil ads
The Commission for Protection of Competition has fined Kaufland Bulgaria 565 052 leva and Billa Bulgaria 250 089 leva for misleading advertising during promotional campaigns for sunflower oil. The penalties are 0.03% of the net sales revenue of both companies for 2021. The decisions can be appealed before the Sofia Administrative Court.
BNB renews inflation measures
After a few quarters of inaction, BNB has resumed its credit tightening measures. In the absence of independent monetary policy, the bank is using one of the few tools at its disposal - capital requirements. By a decision of the central bank's board of governors, the level of the countercyclical buffer required by banks rises to 2%, and it will be valid through the fourth quarter of 2023.