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The Eurozone effect Bulgaria’s entry into NATO is not a betrayal to Russia, but its continued membership is Alexander Dugin Intellectual guru of Russia’s Euro-Asian doctrine Let’s consider the reference to the Russian threat when achieving the other key goal of Bulgarian foreign and monetary policy – membership in the Eurozone. The metrics of the accession-ready status are not just embodied in a set of formal criteria but reflect a generic reference to key system indicators, including the resilience of the economy to external shocks, the ability to sustain high growth and wealth generation rates; capability of institutions to provide efficient governance, mitigate risks and stick to obligations; and capacity of citizens to profit from rights, opportunities and cope with the challenges of “life in the
During the communist era Bulgaria was ruled exclusively by the means of terror and fear. The terror was initiated and established immediately after Red Army tanks invaded the country in early September 1944 and effectively the country became Soviet-occupied territory. The newly formed government, propelled under the disguise of the anti-fascist struggle, joined by the local communists and often acting together with regular criminals freshly released from prison, executed thousands of people on the spot. Many more were executed later under the auspices of the so-called People Court, which was the Bulgarian version of the Stalinist Trial Courts. The main instrument of this massive and pervasive terror from early on was its unpredictability and arbitrariness. The goal was to crash any form of resistance against the Communist State which
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More parties and politicians are identifying themselves as spokespersons incarnating Bulgaria’s national interest. Holding a pivotal position in the political mainstream and wrapped in in the national flag, politicians can easily marginalize political opponents. At the surface of things, the motives are idealistic, as all politicians swear to be Bulgarophiles, although a close-up look shows they fail to separate the Bulgarian interest from that of other countries – Russia Turkey. The public debate pertaining to the essence of national interest does not distinguish between the different faces of Bulgaria, Russia or Turkey – that of the homos politicus or the political elite, the people of culture, that of the homos economicus, the commoners, etc. The generic notion for Russia for example includes both its past and present, as the
This morning, as Italians go to the polls to vote in a constitutional referendum, European TV channels broadcast a special programme going to the root of the referendum – Italy’s banking crisis. A series of senior bankers, chairmen and chief executives expressed their views. None were optimistic. The head of Societe Generale in Italy offered the view that there is no point recapitalising banks who have no realistic hope of making any profits. Another said effectively that non-performing loans (NPLs) were bad, but the threats facing Italian banks from non bank lenders and technological developments were much worse. Yet a third conceded that Italy should have copied Spain and applied for a bailout from the European Stability Mechanism (unfunded bailout fund). Then the young interviewer met with Prime
The anguish of the Bulgarian political elite following several interviews given by the chief of the influential Russian Institute for Strategic Studies (RISS), Leonid Reshetnikov, has surprised few if any. In the interviews, Reshetnikov sheds light on the activity of his institute and its role in the design and execution of Russian foreign policy in the Balkans, as well as in shaping the new ideology of the Third Way and the contours of what may be designated as the project Novorossiya for the Balkans. Reshetnikov confirmed that last summer while vacationing on the Black Sea coast that he held meetings with leaders of several Bulgarian political parties, discussing the candidate selection process and the platforms in the then-upcoming presidential elections. The fundamental interests of the Russian lieutenant general,
In the late 19th century, several local archaeological societies were founded in different Bulgarian towns and in 1901 the Bulgarian Archaeological Society was established, immediately becoming an important center of the archaeological studies that further strengthened the institutional backbone of the Bulgarian archaeology. After the liberation from the Ottoman Empire, there was a significant interest in the mediaeval archaeology of the First and the Second Bulgarian Kingdoms, given that the new Principality of Bulgaria was considered as their political successor. Thus, in the 1880s archaeological excavations were carried out in Veliko Tarnovo, the last mediaeval Bulgarian capital, and in 1899 – 1900 excavations in Pliska, the first mediaeval Bulgarian capital, were launched by Karel Škorpil. In that period the interest of the foreign scholars in the Bulgarian archaeology
I have always thought that awareness is the foundation of good management practice. However, information in the form of news and analysis is not automatically converted into good findings and hence into good practical and optimal solutions. Unfortunately, in our country, what prevails is the inertia of “stability” understood as status quo reproducing itself, with the lack of analysis of costs and benefits and proactive management on a public and corporate level, rather than the employment of catching-up and breakthrough policies. Let’s try and read through the news from last week that we cover in our newsletter. The first item is that margins in processing costs between refineries in America and Europe and the rest of the world have decreased. Markets globalize and integrate. The second is