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This is the 14. article in our series Trouble on the Far-Right.
country’s domestically weak far right has managed to send its representatives to the European Parliament (EP). Prior to 2014, these MEPs remained largely isolated, retaining a non-affiliated status. Initially, Volen Siderov’s far right party Attack, the first of its kind in post-communist Bulgaria, won three seats in the legislative body in 2007. Formed in 2005, Attack quickly gained electoral support, conveying a strong xenophobic and anti-minority rhetoric combined with emphasis on Orthodox Christian values and opposition to globalization. No other Bulgarian party has previously sought to attract voters using such a strategy. Attack participated in the short-lived Identity, Tradition, Sovereignty group in the EP. Further efforts for constructing a lasting political grouping on the far right with the participation of Bulgarian parties remained futile, making their influence on debate-shaping and decision-making hardly possible. Winning a seat less in 2009, Attack remained outside of any recognized EP political group...
This dissertation analyses the degrees and trajectories of financialisation in the region of South-Eastern Europe. It modifies and applies an eclectic comparative framework for comparing the degrees of financialisation across time and space on different levels. The thesis finds that from the turn of the century until the Great Financial Crisis of 2008, most South-Eastern European countries have increased their degree of financialisation on the different levels, especially on the levels of household, international financialisation and partly the financial sector. Financialisation of non-financial companies is barely existing. After the financial crisis, financialisation is revealed to stagnate in the region. In a second step, the dissertation conducts three case studies on extreme cases: financial sector financialisation in Bulgaria, international financialisation in Serbia and non-financial company and household financialisation in Croatia. Their trajectories are exposed to be mainly driven by deregulation, changed practices by foreign banks, the privatisation of public goods and the liberation of capital controls. The dissertation serves to geographically enlarge the research of financialisation to a peripheral region of the Global North and to add to the discussion on comparative financialisation approaches.