President Rumen Radev is now called upon to decide when to dissolve parliament and set a date for new elections within two months.
Bulgaria faces new elections, the country’s fifth in two years, after the Socialist Party abandoned plans to form a government today.
The Socialists, who had their third and final chance to form a cabinet after inconclusive elections on October 2, said they had made a serious effort to rally support by setting out clear national priorities, but failed.
“We looked for a solution to get the country out of the many crises and especially from the political crisis,” the head of the Socialists, Kornelia Ninova, told reporters. “We considered the options and decided to return the mandate to the president,” he said.
“Now we are heading for elections“, he emphasized.
Bulgaria’s two largest political parties, the center-right GERB and the anti-corruption PP, had already failed to muster support to form a coalition government.
The lack of governance will hamper Bulgaria’s plans to join the eurozone in 2024. It will delay much-needed anti-corruption reforms and is likely to hinder the effective use of billions of euros in EU recovery funds.
Bulgaria is facing political instability after the 2020 mass anti-corruption protests. For most of the last two years the country has been ruled by caretaker governments of technocrats as it has not been possible to form a stable governing coalition.
Today, Ninova called on the leaders of the six other political parties to unite on four national priorities, including the effective use of the European Union’s financial aid, but only the leaders of GERB, the Turkish minority party MRF and the nationalist Bulgarian Ascension party, they appeared.
President Rumen Radev is now called on to decide when to dissolve parliament and set a date for new elections within two months.
RES-EMP
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