King Simeon`s party - National Movement Simeon II was officially launched in Sofia on Sunday. 631 founding memebrs voted for the by laws and ruling bodies. The King, who lives in exile in Spain and returned last week to participate in forthcoming elections was elected chairman. Kosta Tsonev, popular actor became chairman of the control comittee. Last Friday The King announced the idea to launch the movement and to participate in the elections. Many international observes find the king`s formula quite unusual and with no precedence in modern Europe.