SOFIA (Bulgaria), September 7 (SeeNews) - Mass protests in Sofia since the past two months demanding the government’s resignation have served as a cautionary reminder to the international community about still significant institutional deficits in Bulgaria of endemic corruption, a Scope Ratings analyst told SeeNews on Monday.

"This has served as a remembrance that Bulgaria still has a significant distance to go in relevant areas of institutional reform and advancement even with acknowledgement of the nonetheless significant achievement of the government of recent with Bulgaria’s entry to ERM II and Banking Union in July, which will, critically, support continued reform momentum – including in the important area of governance reform in years to come," Dennis Shen, Director Sovereign and Public Sector at Scope Ratings, commented for SeeNews.

The analyst noted the progress which Bulgaria has made in areas such as the judiciary’s independence, the nation’s legal framework, anti-money laundering and the addressal of organised crime under the Cooperation and Verification Mechanism coordinated by the European Union alongside Bulgaria’s ambitious pre-ERM II Action Plan.

“然而，司法独立的出色仍然显着差距以及政治家和寡头政治家和寡头之间的实质性联系仍然是治理瓶颈，”他补充道。

总理在2021年3月在选举前的期间开设了新的宪法和新鲜选举的新阶段政治不确定性。

范围在过去突出了保加利亚的制度挑战和不稳定政府的记录，作为国家BBB +信用评级水平的重要评级，因为频繁的选举和不稳定的政府限制了改革的连续性，鼓励大量资产负债表的人口，降低了长期经济规划的能力，破坏了商业环境和投资者的信心。