He will seek parliamentary support to form a minority government to end the prolonged political deadlock
Bulgaria’s second-largest party Continue the Change (PP) will seek parliamentary support to form a minority government to end a prolonged political deadlock, acting Prime Minister Nikolai Denkov said.
Denkof has seven days to decide whether to propose a form of government, although he has little chance of gathering the necessary support, according to political analysts.
The GERB party, which came first in snap elections on October 2, failed last month to secure support to form a technocrat government.
The PP, whose ruling coalition he led collapsed in June to prompt the calling of a fourth parliamentary election vote in 18 months, failed to secure enough parliamentary support to form a minority government with its ally Democratic Bulgaria party, raising the possibility of new election in the spring.
Denkov, a former education minister, says he plans to invite political parties to a new round of consultations on key issues and put the result to a vote in parliament to see if he has any chance of securing parliamentary support.
“I accept the second mandate to form a government with the full knowledge that it will be a very difficult task, I would say almost impossible,” he told Bulgarian President Rumen Radev upon receiving the mandate.
“However, we know that we will do whatever is necessary to form a government.”
Political analysts insist that the chances of the PP forming a minority government are slim. His main political rival, Boyko Borissov’s GERB party, as well as the MRF of the Bulgarian Turks along with the pro-Russian Revival, have refused their support.
If Bulgaria fails to form a government, it will have consequences for its bid to join the eurozone in 2024, delaying anti-corruption reforms and absorbing billions of euros in European recovery funds. It will also leave the country without a comprehensive budget for 2023 amid high inflation and an impending economic slowdown.
If the PP fails, the Bulgarian president will have to choose another political party to form a government. If he fails again, Rumen Radev will be called upon to call another snap election in two months’ time.
RES-EMP
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