The governments of Boyko Borissov promised reform, but instead created an apparatus for extortion and clientelism
Over the past 15 years, professional football has turned into a closed system of interests, mired in corruption scandals and deteriorating quality. This might be finally coming to an end.
How one toy retailer got mixed-up in anti-government protests and received an uninvited buy-out offer
The government has cleared the last hurdle on the path to the Eurozone’s waiting room by purchasing a 20% stake in the private lender for 140 million levs
Within a brief period, Bulgaria’s government has aggressively injected billions of levs into key sectors, and has effectively started nationalizing businesses
Launched as a party fighting for the political representation of Bulgaria’s ethnic Turks, the Movement for Rights and Freedoms has morphed into a quasi-business organization quietly pulling strings behind the scenes
Bulgaria’s biggest city on the Danube has great untapped potential for growth but is struggling because of poor connections with Romania, the rest of the country, and the river itself
The recent spate of "spying scandals" involving Russian diplomats and the leader of Bulgaria’s National Russophile Movement Nickolay Malinov are more reminiscent of a bad Soviet-era joke rather than a real espionage drama
Ivan Geshev, a self-described "boy from the city’s suburbs", will become Bulgaria’s next prosecutor general in January. His selection will have dramatic implications for the rule of law
The selection of Ivan Geshev as the next Prosecutor General will likely go unopposed, triggering seven more wasted years on the anti-corruption front and even more blatant institutional abuse of power.
The state-owned Bulgarian Development Bank has morphed from a small and medium-sized business aide to a lender of last resort for unstable and sometimes unsavory large companies
Valentin Zlatev has been replaced after 20 years at the helm of the Russian company’s operations in the Balkan country
The criminal sentence handed to Capital Weekly investigative journalist Rossen Bossev could serve as a precedent to suppress future journalistic investigations
It is now clear that euro zone membership has improved the economic performance of new member states
Most of their owners are semi-anonymous, print media lose ad revenue and sell their content to the highest bidder
Anti-liberal nativism is the new black on the Bulgarian political scene and this could cause serious trouble after the upcoming elections.
The sudden flurry of conspicuous law enforcement activities is a two-pronged campaign