Europe’s Graft Trouble Spot Sinks Into Crisis at Worst Time

  • Bulgaria’s president and government spar over anti-graft fight
  • Dispute threatens efforts to adopt euro, join Schengen zone
Boyko BorissovPhotographer: Jasper Juinen/Bloomberg
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Bulgaria’s president and prime minister are trading accusations in an escalating dispute over corruption that’s threatening the nation’s push to adopt the euro and join Europe’s passport-free Schengen zone.

Triggered by a crackdown by the newly appointed chief prosecutor, the standoff underscores a decades-long battle for influence in the Black Sea state. At its center are powerful oligarchs and suspected organized crime figures, officials accused of turning a blind eye to their activities and prosecutors who hold more power than anywhere else in the European Union.