Slower Growth As Politics Remain Uncertain Political upheavals continue to overshadow the Bulgarian economy. Widespread unrest broke out in February this year over rising electricity bills, falling standards of living, and corruption. They eventually led to the collapse of a centre-right coalition government, new elections in May, and its replacement as a result of the polls by a centre-left coalition, which has faced its own waves of protest in June and July. We think the current government of Prime Minister Plamen Oresharski, who is heading a coalition of the Bulgarian Socialist Party (BSP) and the ethnic Turkish movement for Rights …
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