Who would have guessed that a former Eastern Bloc country would struggle in reaching equilibrium with economies like that of Germany whilst pegged to the Euro?

The EU Midas touch, where everything turns to Goldman Sachs, may be a driving influence in the way that Bulgaria has had to face it's own form of austerity. But this influence can only last as long as a government which chooses to peg the Lev to the Euro.

However that government has now pretty much gone after Prime Minister Boiko Borisov made a speech to say he could not preside over a system where the police spill the blood of the people. And now MPs have accepted his resignation.

Funny the things you say when a mob is headed your way with revolution on their minds.

And if a renegotiation in Bulgaria's relationship with Europe is successful then there is the chance that this will motivate activists to step up their protests as the dream of sovereign democracy once again raises it's head, much to the disgust of the European federalists.

Only one problem here and that is there are far too many vested interests in the EMU and a federal states of Europe to allow Bulgaria to become the the lit touchpaper setting off the Euro powder-keg.

It was the same with the Occupy movement. As soon as hope swept across the world of real change it was extinguished by the authorities at the behest of the governments lobbied by the banking industry and globalists. But how do you persuade a country with falling living standards to concede to budget cuts which are of no obvious and direct benefit to the people?

Indeed the demonstrations, which resulted in the government's resignation, are more complex than just the economic demands of rich European states upon the Bulgarian economy.

What is surprising is the other bone of contention in the minds of many Bulgarians, a direct link with the EU.

Boiko Borisov by publicsbg

Boiko Borisov by publicsbg

Corruption and organised crime are also huge factors in the dissatisfaction of the Bulgarian people. As well as a monthly average wage of just €387 and an average monthly pension of €150. But the aforementioned problems actually herald from the former Eastern Bloc and its security forces, who have evolved their roles from corrupt protectorate of the people to corrupt criminal overlords with a wide network of paid off officials in government.

In other words the negative perception of an authoritarian big state under external control is prevalent in both recent and past Bulgarian history.

Couple all this with the rising and unaffordable cost of electricity in Bulgaria you have a very volatile situation ready to go pop ….. and it has gone pop.

Enter the interim government.

The question is not only will we see groomed technocrats approved by Brussels flown in to wave the EU flag of eternal calmness and tranquillity, but also, can a country that has not enjoyed an easy transition to the modern trappings of the so called democratic/capitalist west reassert itself and make a full polemic shift back to the left.

Or will we actually see something different?

One thing is for sure (and obvious), the shape of Bulgaria's political system will be forged on the trust of the people towards any proposed candidates and require a new set of politicians who are out of reach of the influence of both the Mafia class and the obvious long arm of the EU and the banks which control it.

In other words the next Bulgarian parliament will probably need to convene in a bunker on the dark side of the moon.

Image by publicsbg [CC-BY-SA-2.0 (http://creativecommons.org/licenses/by-sa/2.0)], via Wikimedia Commons

Comment Here!