Oligarchic hustles in Bulgaria: How a bank could threaten national security?

For about 9 months Bulgaria’s economy has been plagued by the residual tremors from the spectacular collapse of Corporate Commercial Bank (CCB) owned by the Bulgarian oligarch Tsvetan Vasilev. Since November 2014 the bank’s license of operation has been revoked and it has been taken over by officials of the Bulgarian Central Bank. As with most such affairs in Bulgaria’s most recent history, the smell … Read more…

Are oligarchic tensions set loose in Ukraine?

On 24 March the Ukrainian President Petro Poroshenko dismissed the governor of the Dnipropetrovsk region Ihor Kolomoisky. This action immediately sparked discussions and questions about what is the actual motivation of this choice and what its consequences may be for the strained stability of Ukraine. Actually, dismissing or appointing regional governors is a prerogative to the Ukrainian presidential institution and Poroshenko’s decision would not have … Read more…

Are we forgetting why it all started in Ukraine?

More than a year has passed since the dramatic events on the Maydan in Kiev. President Yanukovich was ousted by the crowd and the events that followed are now part of history. What still remains is an ongoing separatist crisis in Eastern Ukraine and a serious stand-off between the West and Russia. All media report daily on the situation of the frontline or the likelihood … Read more…