The Institute of International Finance, Inc. (IIF), is the world’s only global association of financial institutions. Created in 1983 in response to the international debt crisis, the IIF has evolved to meet the changing needs of the financial community. Members include most of the world’s largest commercial banks and investment banks, as well as a growing number of insurance companies and investment management firms.
“…The mounting pressure from the popular protests, the lack of clear popular mandate and the fragile parliamentary majority have markedly reduced the effectiveness of the government. Most of its efforts have remained focused on replacing the appointees of the previous government with its own people and changes in legislation needed to solidify control over specific agencies, especially those related to the police and security. Moreover, with the protests showing little sign of abating, the government has increasingly shifted towards more populist measures and promises…”
Read the full report here.
Bulgarian translation is here.
