Bulgaria's Borissov: Eurozone Entry Is My Mission—What Comes Next, Only God Knows
GERB leader Boyko Borissov reaffirmed his commitment to guiding Bulgaria into the eurozone, stating that nothing would divert him from this goal
With no clear winner emerging from Sunday’s early general elections, Bulgaria looks set for “further political instability”, Agence France Presse said in its news coverage of the vote.
According to the results of four exit polls, centre-right GERB party won between 33 and 35 percent of the vote, which will make it the biggest political force with about 90 of the 240 seats in the new Parliament – short of outright majority.
With the Bulgarian Socialist Party (BSP) and the movement for Rights and Freedoms (DPS), which backed the cabinet that resigned in July, trailing in the second and third place, respectively, and four or five smaller parties having passed the 4% threshold, it will be difficult to form a government in a highly fragmented parliament, AFP highlighted.
“Any new government would have its work cut out to put the EU’s poorest country back on track,” the newswire commented.
In addition to boosting Bulgaria’s economy and tackling corruption and organised crime, any new cabinet will also have to find a delicate balance between the need to maintain Bulgaria’s traditionally strong links to Russia and the need to honour its commitments as a member of the EU and NATO which have blasted Moscow for its involvement in the Ukraine crisis.
Bulgaria's largest party GERB and the Reformist Bloc have both taken a U-turn after initially saying they found it impossible to shake hands during the government consultations on Wednesday.
Bulgaria's Central Electoral Committee (CEC) fined the leader of the Movement for Rights and Freedoms (DPS) Lyutvi Mestan and MP Hyusein Hafsuzov for solicitation in foreign language, which is forbidden by law.
The new National Assembly is to hold its opening session on October 27, at 14:00 EEST, Bulgarian President Rosen Plevneliev announced.
Bulgarian President Rosen Plevneliev is set to meet on Wednesday all parties and coalitions entering the new Parliament after the October 5 early elections.
Right-wing Reformist Bloc is the third political force to meet conservative GERB as part of the consultations to form a coalition government with shared responsibility.
The centre-right GERB and the Movement for Rights and Freedoms (DPS) will negotiate on Tuesday afternoon on the formation and support for new government.
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