Monday 6 July 2009

Bulgarian stress test for the Balkans

Telegraph
"The Baltic trio of Latvia, Lithuania, and Estonia are lucky. At the end of the day, they can count on Swedish banks and the full might of the Swedish state to shield them from economic disaster. ...The picture is messier in the Balkans, a region with eight times the population (55m) and no obvious Big Brother at hand, and messiest of all is Bulgaria where Sofia mayor Boiko Borissov inherits what he calls "the complete collapse of the country" after crushing the ruling socialists in elections over the weekend."

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