(AFX UK Focus) 2010-05-25 10:20 UPDATE 1-Bulgaria to target 4.8 pct/GDP fiscal gap in 2010
BUCHAREST, May 25 (Reuters) - Bulgaria will target a budget deficit of 4.8 percent of gross domestic product under local accounting standards in 2010, far wider than initial estimates, central bank deputy Governor Kalin Hristov said on Tuesday. Bulgaria's admission last month that it had hidden the truth about the size of its 2009 deficit sent ripples across emerging Europe, raising concerns ...
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How to Clean Up Bulgaria
Bulgaria's Prime Minister rushes into his office more than an hour late for an interview, lights a half-smoked Cohiba cigar lying on the coffee table and says, "I have only a few minutes." His manner may be brusque, but by his own admission, Boyko Borisov does not care whom he offends.
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