Bulgaria Former Tsar, PM Saxe-Coburg Resigns as Party Leader
Bulgaria's former Tsar and Prime Minister, Simeon Saxe-Coburg, is resigning as leader of the National Movement for Stability and Prosperity.
The news was announced by Simeon Saxe-Coburg himself during a Monday press conference dedicated to the NMSP poor performance at Bulgaria's general elections Sunday.
The NMSP leader further told reporters that he would be making the decision about the resignation of the entire party leadership.
"No one is irreplaceable or eternal," Simeon said, adding the choice of his successor would be made at a party Congress to be convened as soon as possible.
Simeon extended congratulations to the Citizens for European Development of Bulgaria (GERB) party over their convincing election victory and expressed hope the new cabinet was going to be quickly appointed.
The National Movement for Stability and Prosperity (NMSP) of the former Tsar and former Prime Minister has been part of the country's rule since 2001 but failed to make Sunday the 4% threshold with a disappointing result of 3,5%.
During his first official statement after the polls across the country closed Sunday evening , Simeon Saxe-Coburg, vowed to remain in Bulgaria despite his party's disappointing performance at the general elections.
"I spend 50 years in exile; can you imagine me leaving now? Please, I have been born on this land. So many years abroad, chased away from the motherland after an illegal referendum and leave now? Because you think I am offended? No, please, no such thing," Simeon told reporters Sunday.
The NMSP leader admitted he did not expect such disheartening loss and said poor results and mistakes, including his own, would be analyzed, but this was not the moment to make grave conclusions.
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Saxe-Coburg failed to articulate a political platform linking the past with the present. The need is a definition for development meeting the global process within adverse economic Bulgarian environment.
Saxe-Coburg should begin with for the people and not for the political party, so therefore let us have a new beginning.