Corruption in Bulgaria and Romania

Corruption in Bulgaria and Romania



Corruption in Bulgaria starts to be significant problem. European Union stopped funding Bulgaria (more than billion EUR stopped) because of bribery and corruption.

Romania received warning but the funding has not been stopped yet but both counties must quickly introduce new justice system and make their system of distribution of european funds more clear.

In case, that the countries are not sufficiently quick, Bulgarian GDP could decrease more than 1 % next year, which is serious impact to bulgarian market (or maybe also to Romanian stock exchange).