Bulgaria saw the risk premium on its debt increasing on Wednesday (9 June), a day after the European Commission put in doubt the accuracy of the new member state's budget deficit statistics.
However experts ruled out a repetition of the Greek scenario in which tampered deficit data unleashed the worst ever crisis of the eurozone. They said Bulgaria's problem stemmed from a bid by Prime Minister Boiko Borisov to blame economic difficulties on his Socialist predecessor Sergei Stanishev. ...
Enjoy access to all articles and 25 years of archives, comment and gift articles. Become a member for as low as €1,75 per week.
Already a member? Login