Bulgaria is a small country with a long history. Like other Balkan countries, it has gone through turmoil, slavery, exaltation and defeat. Though Bulgaria is the quietest and most obscure nation on the troubled Balkan peninsula, its people have to wrestle with the usual social evils that plague former communist-bloc countries: slow reforms, economic difficulties and moral confusion.
Major crises in recent years have been fostered by an unregulated private sector. Wall Street’s recklessness unraveled the economy and put millions out of work. BP oil company cut corners on safety and ravaged the environment in pursuit of profits.