Bulgarian president backs protests


Bulgaria’s president on Friday praised week-long protest rallies against corruption and a lack of transparency in the Balkan country and said politicians must heed the demonstrators’ demands for reform. Thousands of mainly younger, well-educated Bulgarians have been rallying in Sofia and other cities in the last seven days to demand the resignation of the three-week-old Socialist-led Cabinet over its bungled bid to impose a media mogul as head of national security without any debate. “I very much hope they will be heard and that this time the politicians really take responsible, clear and, I would say, brave decisions,” President Rosen Plevneliev told reporters in Sofia. Bowing to the protesters, Parliament has cancelled the appointment on Wednesday and Prime Minister Plamen Oresharski has apologized, but he refuses to quit, saying this would destabilize the European Union’s poorest member state and harm the economy. European Commission chief Jose Manuel Barroso called on the new prime minister on Friday to unify the country. “We know that the situation from a political point of view is polarized in Bulgaria,” Barroso said at a joint press conference with Oresharski, who was in Brussels for talks.


Consumer price levels below EU avg in 2020 Analysis

Consumer price levels below EU avg in 2020

Lawmakers approve 2022 budget Parliament

Lawmakers approve 2022 budget

Reopening drives demand for student work HR

Reopening drives demand for student work

Budapest launches revamped coupon card for visitors City

Budapest launches revamped coupon card for visitors


Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.