No Budget, Big Consequences: Fiscal Council Flags Risks as Bulgaria Prepares for Extension Law
At the turn of the year, Bulgaria is preparing to enter 2026 without an approved state budget
Photo by BGNES
Center-right GERB and right-wing Reformist Bloc stand chances to form a government, "even though a minority one", socialist MEP Iliana Iotova said on Sunday.
She asserted that "any good idea" which could benefit Bulgarian citizens would be approved.
A government would be formed out of this legislator, the MEP elected from the Bulgarian Socialist Party (BSP) told the Bulgarian National Radio, adding the next cabinet would be facing very tough challenges, including in areas such as energy and budget.
As for the situation within the BSP and opinions there with regard to participation in the next cabinet, Iotova explained the issue had left party members divided, but also that most believed 39 MPs were not enough for socialists to be able to influence politics "in any way".
She described parallels made of the situation in Bulgaria with the German "grand coalition" between Merkel's CDU and Gabriel's SPD or the new European Commission as "artificial", because there were no arguments for such coalition under the present circumstances.
"Just until a few months ago the big question in [Bulgaria] was, "Why the BSP is in power." Today, however, the same people who asked this... are also asking the question, "Why don't yoy want to govern with GERB?" Iotova noted.
The MEP also warned a lot of the eight parties that had made it into the national Parliament were now outlining in their headquarters plans for the upcoming local elections and also for the 2016 presidential elections.
Most reasonable voices advocating against a US invasion of Venezuela don’t think Maduro is great. They are simply against the invasion
The debate over providing Tomahawk cruise missiles to Ukraine has become one of the most contentious issues in the ongoing war with Russia
Bulgarian Foreign Minister Georgy Georgiev has found himself at the center of public ridicule and political backlash after prematurely declaring that Bulgaria
President Donald Trump just called Marco Rubio the greatest Secretary of State in history, on the occasion of the freeing of the Israeli hostages but that label doesn't quite ring true if we take a look at Rubio's record so far
As Europe grapples with the most significant threat to its security architecture since World War II, the question of how quickly the European Union can act has become existential
In different countries, people meet grim fates: some fall from balconies, others vanish without a trace, some end up in prison - and in the United States, politicians are sometimes shot in public
Bulgaria's Strategic Role in the EU's Drone Wall Defense Initiative
When Politics Means Violence