Simeon Djankov

World Bank leaders, including then-Chief Executive Kristalina Georgieva, applied "undue pressure" on staff to boost China's ranking in the bank's "Doing Business 2018" report, according to an independent investigation released Thursday.

"Three or four difficult months are in store for the Bulgarian economy. Our major trading partners - Britain, Germany, France - are introducing severe ant-epidemic measures and this will affect all sectors of our economy. The difficulties of vaccination are mounting. Investments in Bulgaria last year shrank by 60%.

Prime Minister Boyko Borisov is categorical that he has no reason to resign after the European Parliament elections.

"First, these are European elections. In addition, we gave 9 million only for machine vote. An election is over 53-54 million, to make new elections, and October elections - 160 million to give for elections, we have to be cautious ... "he argues before bTV.

Economist Simeon Djankov understands both the theoretical and the practical side of economic policy.

The Anti-Corruption Commission is looking for former Finance Minister Simeon Djankov. According to Plamen Georgiev, chairman of the committee, the request towards Djankov to appear and to declare his income were unsuccessful.
 

The World Bank's Doing Business index was published last week and showed that Greece had slipped six spots compared to a year earlier, placing 67th out of 190 countries. The report essentially confirms what firms and entrepreneurs operating in Greece know very well, which is that doing business in the country remains full of obstacles and pitfalls.

Former Finance Minister Simeon Djankov has contacted the prosecution after reports he is facing an indictment over the sale of state-owned assets in an energy company in 2011, authorities say.

Djankov is to appear in the investigative unit of the Sofia City Prosecutor's Office later on Wednesday, the Chief Prosecutor's Spokesperson Rumyana Arnaudova has told NOVA TV broadcaster.

Former Bulgarian Finance Minister Simeon Djankov will also be indicted over a deal he oversaw that involved the sale of state-owned shares in an electricity distribution company, officials say.

Like Energy Minister Traycho Traykov, who was handed an indictment days before New Year, he will be slapped with charges of willful abeyance.

Former Bulgarian Finance Minister Simeon Djankov has predicted names of Bulgarian politicians will appear in the Panama Papers.

He has told private bTV's Sunday afternoon talkshow that the information will be disclosed either by "the Bulgarian media outlet" or other sources, considering that "the entire information is already present in Germany and the UK".

Simeon Djankov, a former Bulgarian Finance Minister, has stepped down as rector of the New Economic School in Moscow (also known as the Russian School of Economics, RES), RBC Daily reports.

The business news outlet writes there is "mutual consent' about the move after Djankov has taken the office since 2013. Djankov is not leaving the Board of Directors of RES.