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Analyses | | Tomasz Dąborowski
On 31 July Romania signed a staff-level agreement with the International Monetary Fund (IMF), the European Union and the World Bank on an economic program supported by a two-year loan worth 4 billion euros. This is now the third loan that…
Analyses | | Tomasz Dąborowski
On 29 May, Bulgaria’s parliament passed a vote of confidence for the government led by Plamen Oresharski, an economist linked to socialists. His cabinet will consist of non-partisan technocrats and politicians from the Bulgarian Socialist…
Analyses | | Tomasz Dąborowski
In mid-May, the centre-right President Traian Basescu authorised Prime Minister Victor Ponta to represent the country at the European Council summit on 22 May. Up to that point, the question of who was to participate at international…
Analyses | | Tomasz Dąborowski
On 12 May early parliamentary elections were held in Bulgaria. They were called as a result of the biggest public protests against the low standard of living and the entire political class since the mid-1990s. These elections have not…
Analyses | | Tomasz Dąborowski
The first quarter of 2013 was a time of fundamental ownership changes among the key gas companies in Central Europe. Those companies which underwent a change in ownership include the Czech and Slovak transmission system operators as well…
Analyses | | Tomasz Dąborowski
On 12 March Bulgarian President Rosen Plevneliev signed a decree on the dissolution of parliament and the holding of a snap parliamentary election on 12 May. On that same day he formed a provisional government which will govern the country…
Analyses | | Tomasz Dąborowski
Over the last two weeks, Bulgaria has seen its biggest wave of public demonstrations since 1997. The protesters were initially demonstrating against high electricity prices, but it gradually evolved into protests against the current socio-…
Analyses | | Tomasz Dąborowski
The centre-right cabinet led by Boyko Borisov announced its dismissal on 20 February. The reason for this was the desire to prevent an escalation of public tension resulting from demonstrations against rises in the price of electricity.…
Analyses | | Tomasz Dąborowski
In recent weeks the Romanian government sent signals announcing changes in its approach to the exploration and extraction of unconventional gas deposits. Prime Minister Victor Ponta has begun to talk in positive terms about shale gas in…
Analyses | | Tomasz Dąborowski
The Social-Liberal Union (USL) was the clear winner of the parliamentary election in Romania, held on 9 December. The USL had been in power since May 2012 and is a centre-left coalition of the Social Democratic Party (PSD), the National…