The center-right GERB party of former prime minister Boyko Borissov and the new anti-establishment party “There Is Such a People” both gained 23% in the election on Sunday, 11 July. A second election was called after coalition talks in April 2021 collapsed.
As a result, the political deadlock to form a government in Bulgaria is likely to continue as there is no clear winner of Sunday’s parliamentary election, the second in three months.
According to partial results with about 95% of the votes counted and announced by the Bulgarian Central electoral commission, the third most votes were gained by the Socialists, at 13%, and the anti-corruption profiled political formation called Democratic Bulgaria garnering 12.8%. The ethnic Turkish party Movement for Rights and Freedoms (MRF) came in 5th place with 10.59% and the “Rise Up, Out with the Crooks” party at 5.04%. Final election results are expected for Thursday, according to official sources.
After April’s election, no party or coalition could secure enough parliamentary support to form a majority government, resulting ultimately in ousting former prime minister Borissov. Since then, a caretaker government has been leading the country on a temporary basis.
The results are a second blow to the up-until-now governing GERB party in the EU’s poorest member state and bring to an end Borissov’s decade-long stint governing. According to analysts, Borissov lost as a result of pervasive corruption in the country. In April, GERB had come in first too, at 26.2%, while their latest results were even lower.
Political experts argue that the “There Is Such a People” party might be the best positioned to form Bulgaria’s next government with the possible support of two small anti-establishment parties, Democratic Bulgaria and Stand Up! Mafia Out!. Still, such an alliance would not make up a majority in the Sofia parliament, counting for less than 42% of the votes. Speaking to France24, a political analyst with the Centre for Liberal Strategies, Daniel Smilov, said that a coalition led by ITN may be 5-10 seats short to be able to govern without the support of long-established groupings such as the Socialists or the ethnic Turkish MRF.
The most likely scenario is weeks or even months of coalition talks with the prospect of a third election a possibility. Such a result would mean that Bulgaria could face serious challenges tapping into the EU’s COVID recovery funds as their processing requires a majority in parliament.
Teltonika has announced it is halting the construction of its EUR 3.5bn High-Tech Hill park…
Hungary’s electricity market has become a focal point for speculative trading, driven by a combination…
Central and Eastern Europe (CEE) is a rising force in artificial intelligence (AI) and startups…
The European Commission (EC) analyses the accession prospects of all ten prospective members of the…
As Donald Trump officially declared his victory in the US election, he received congratulations from…
European leaders committed to developing a defence industry base and enhancing EU competitiveness at an…