Privatisation stalled

Published: 22 September 2003 y., Monday
Bulgaria's post-Communist privatisation programme has fallen prey to divisions within the ruling coalition of child king turned prime minister, Simeon Saxe-Coburg, political analysts in Sofia say. In two years the troubled government has sold two state-owned banks, completing the privatisation of the banking sector, but has failed to dispose of any other state enterprises. "There are tensions" within his Simeon II National Movement and within their partnership with the Turkish minority Rights and Freedom Movement, political scientist Petar Jivkov from the MBMD Institute said.
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