The Pan-European Consortium Eureko Alliance has shown interest in the privatization of the State Insurance Institute (SII). Eureko Executive Director Ernst Janssen and his deputies Mike Ward and Michal Nastula are in Bulgaria. Slovakia's Union and Poland's PZU are owned by the insurance group. Bulgaria has taken the right macroeconomic path, according to Janssen. Insurance is a local business and if it is to be successful, one must be familiar with the region's specifics, said Janssen