Simeon Dyankov

In a dramatic turn of events during the National Conference of GERB in Veliko Tarnovo, Boyko Borissov, the leader of the party, has issued a strong ultimatum, signaling a potential rupture in the political coalition known as the 'assembly.' The central point of contention is the dissatisfaction with the proposed state budget, as GERB demands significant revisions and sets conditions for their c

World Bank leaders, including then-Chief Executive Kristalina Georgieva, applied "undue pressure" on staff to boost China's ranking in the bank's "Doing Business 2018" report, according to an independent investigation released Thursday.

Bulgarian recovery and sustainability plan is inadequate, but must be submitted to the EU in time, warned Simeon Dyankov and Milen Velchev, former financial ministers.

Both former finance ministers were adamant that prompt revision of the budget is necessary. According to Dyankov, the goal should be to see what is the real state of the national budget.

"Three or four difficult months are in store for the Bulgarian economy. Our major trading partners - Britain, Germany, France - are introducing severe ant-epidemic measures and this will affect all sectors of our economy. The difficulties of vaccination are mounting. Investments in Bulgaria last year shrank by 60%.

Under this title Financial Times published an article of the political corruption and growing populist nationalism in Bulgaria under the government of PM Borisov and his ruling party - GERB.