BULGARIA – CORRUPTION RIDDLES GOVERNMENT AND JUDICIARY, ACTIVISTS WARN
April 1st, 2017
Investing and doing business in Bulgaria is not for the faint-hearted. Overseas companies are not only likely to encounter a few rotten and corrupt business partners, but rather systemic bribery, tough access to financing, policy instability, and an inefficient government and judicial system. Diana Yordanova reports.
“High-level corruption exists all over the world, but it is the frequent small bribes that hinder business growth in Bulgaria,” Blenika Dzhelepova, a senior expert in the Centre for Economic Development (CED), in Sofia, the country’s ...
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