Businesses in Bulgaria at risk of being taken over

Businesses in Bulgaria at risk of being taken over

Bulgaria ranks first in terms of business risk among four surveyed countries (Bulgaria, Spain, Italy and Romania) during an international pilot project, Todor Galev of the Center for the Study of Democracy has told BNR. The sectors of construction, trading in fuels and pharmaceuticals, as well as regulatory and control institutions have been monitored over a ten-year period. "There is an unhealthy environment with no guarantees for normal business relations," the expert commented. He expressed surprise that the parliamentary committee reviewing the work of the previous government received evidence of political racketeering against businessman Svetoslav Ilchovski committed by people close to the government, not because such cases were rare, but because of overall disbelief in the possibility of finding justice. However, Todor Galev does not expect the Prosecutor's Office to become more active, because it was part of the problem with the conquest of law enforcement institutions.

Previous Next
Close
Test Caption
Test Description goes like this
Cookies Preferences
Choose Type of Cookies You Accept Using


These cookies are required for the website to run and cannot be switched off. Such cookie are only set in response to actions made by you such as language, currency, login session, privacy preferences. You can set your browser to block these cookies but our site may not work then.


These cookies allow us to measure visitors traffic and see traffic sources by collecting information in data sets. They also help us understand which products and actions are more popular than others.


These cookies are usually set by our marketing and advertising partners. They may be used by them to build a profile of your interest and later show you relevant ads. If you do not allow these cookies you will not experience targeted ads for your interests.