
Plamen Oresharski. Photo by BGNES
Plmen Oresherski, who has been endorsed for Prime Minister by the Bulgarian Socialist Party, has warned about a “catastrophic legacy” left by the center-right GERB government (2009-2013).
Oresharski, a former Finance Minister (2005-2009), stated that the budget deficit for the first three months of 2013 has reached BGN 800 M.
He also told reporters that the country’s internal debt has grown by BGN 4 B over the course of the last four years.
“The country is in a state of collapse now, the fiscal reserves of companies and households are exhausted,” Oresharski said.
The left-wing PM hopeful stated that his party will seek a broad support in Parliament for a potential new government.
Oresharski spoke in the aftermath of the May 12 early general elections in Bulgaria which ranked his party as the second strongest political formation in the country.
GERB came in first in the vote, but currently appears unlikely to form a new government.
The ethnic Turkish Movement for Rights and Freedoms and the ultranationalist Ataka also obtained seats in Parliament.