In Bulgaria, anti-deflation stimulus is supporting growth

In the country, the weakening of the exchange rate, pegged to the euro, favored the strengthening of a positive cyclical phase (GDP at +2,6%) which is expected to continue also in 2016. However, the banking system and the diversification of activities need to be strengthened productive.
Bulgaria: bank runs, banks in crisis

The banking system of the Eastern European country has been put under pressure by a run of citizens on bank branches, due to concerns about the liquidity of one of the country's main institutions - Despite the rapid reaction of the Government, the…
Bulgaria deadlocked after elections

With the ballot almost completed, a victory for the center-right party is looming but the margin of only 3 percentage points leaves little chance for the formation of a government