Public Administration in Post-Communist Countries

256  ◾  Public Administration in Post-Communist Countries

Before 2007, the EU accession consensus agenda dominated the political discourse. As a

result, ideological differences were overshadowed by the emerging EU agenda. e country’s EU

membership, commencing January 1, 2007, and the new types of challenges associated with it,

reinforced the reshuffling of the Bulgarian party system.

11.2.2 Economic Transition in Bulgaria: The Facts

In 1990–1997, the monetary sector was instrumental in propagating instability throughout the

system and in deepening the extent of economic collapse. With lax supervision and inconsistent

monetary policy, the central bank contributed significantly to the acceleration of the banking and

financial crises. e continuo