Sergey Stanishev, leader of the left-wing Bulgarian Socialist Party (BSP), has stated he would be glad to welcome the country's outgoing President Georgi Parvanov back to his political formation.

"I am happy that Presdident Georgi Parvanov has chosen to return to BSP after his term ends, even though he has said contradicting things throughout the years," Stanishev said Tuesday, as cited by the Bulgarian Telegraph Agency.

"I have stated several times that the most normal development for him after his term ends is to rejoin BSP," he added. Parvanov's second term expires in January 2012 and he is not allowed to run for office any more.

On Monday, Parvanov declared that his return to the Bulgarian Socialist Party (BSP) would reinforce the formation and open it to new partners.

Last week, Bulgarian media hinted at intentions of the head of state not only to return to the left-wing party, but even become its leader.

The idea was instantly dismissed as "impossible" by the party's current leader. Stanishev, a former PM (2005-2009), explained he did not believe one could return to a role one has left.

Parvanov was BSP's leader from 1996 until 2001, when he was elected, against the odds, president for the first time. In the 2006 elections, he was endorsed by an initiative committee.

Many have suspected that the movement Parvanov initiated at the end of 2011, Alternative for Bulgarian Renneisance (ABV, or the first three letters of the Slavic alphabet), would sooner or later transform into a political party. He has, however, officially denied such allegations.

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