A second Bulgarian parliamentary election held on Sunday lead again to inconclusive results.
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
Showing his backing of the “Three Seas Initiative,” US president Joe Biden appeared via video conference at the group’s event this week in Sofia, Bulgaria, giving a video address at the start of the conference. Seven heads of state were in attendance at the forum, held on 8-9 July
Bulgaria’s real gross domestic product (GDP) is expected to grow by 4.5% this year and by 4.0% in 2022, stronger than previously expected, the European Bank for Reconstruction and Development (EBRD) announced. The main upside risks to the outlook are a stronger rebound of consumption amid high
Starting in July of this year, Romania and Bulgaria will be granted access to Europe’s Visa Information System (VIS), a database that connects border guards at the EU’s external borders with member states’ consulates around the world, as part of those countries’ eventual inclusion into Schengen, a borderless
The United States has imposed sanctions on three Bulgarians and 64 companies linked to them, over their alleged corrupt activities. The three businessmen are former lawmaker and media mogul Delyan Peevski, government official Ilko Zhelyazkov and fugitive gambling tycoon Vassil Bozhko. Those blacklisted are banned from the US financial system,
Bulgaria’s president’s Security and Defence Secretary, Stefan Yanev, will be the prime minister of Bulgaria’s caretaker government. President Rumen Radev has appointed the government by decree. Gulub Donev will be deputy prime minister for Economic and Social Policy and Minister of Labor and Social Policy, Boiko Rashkov
President Radev handed over a mandate to the second-largest political force in Parliament, There Is Such a People (TISP), to form a government, following GERB-UDF failed to find coalition partners and secure a majority. The party immediately returned it as they would not like to enter into any coalitions with
The incumbent Bulgarian leader, Boyko Borissov, and his party, GERB, stumbled in the elections that took place on 4 April. For the prime minister, this meant losing his grip on the government after almost a decade of ruling the poorest EU member state. Three weeks after the inconclusive elections, the