Playing it safe when losing is a bad strategy. Yet this is precisely what Bulgarian voters did in the 2017 Bulgarian elections. 32,65% of Bulgarians voted for Boyko Borisov’s party Citizens for European Development of Bulgaria (GERB), giving it a comfortable lead ahead of the Bulgarian Socialist Party (BSP) with 27, 20% of the vote. The United Patriots coalition came third with 9,7%, which is a good result but still lower than their own expectations and very close to the 8,99% of the Movement for Rights and Freedoms (DPS). The fifth party in parliament is “Will” (“Volya”), led by the shady Varna busi ..
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This text was initially published by The Financial Times. The European Central Bank improperly veered into political activity during the eurozone crisis and should withdraw from the “troika” of international bailout monitors, according to anti-corruption watchdog Transparency International. In a review of the centr ..