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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.
In recent months, Bulgarian politics have been marked by tension and instability, fueled by the deepening rifts between key political figures and parties
In Bulgaria, the political climate remains tense as parties struggle to form a stable coalition following parliamentary elections
GERB has decided to withdraw the candidacy of Raya Nazaryan for the position of Speaker of the National Assembly, as announced by the party leader Boyko Borissov.
The Bulgarian parliament has entered its 18th day without electing a speaker, marking a historic impasse in the 51st National Assembly
Boyko Borissov, leader of GERB, declined to reveal his party’s plans for resolving Bulgaria’s political crisis
GERB leader Boyko Borissov has announced his decision to withdraw as a candidate for prime minister and plans to return the first mandate to form a government
Ivan Portnih, candidate of Bulgaria’s formerly ruling center-right party GERB, has won the battle for mayor of the coastal city of Varna by a slim margin.
Two candidates are vying to be mayor of Bulgaria's third-largest city and summer capital, Varna on the Black Sea coast.
The Sofia City Prosecutor's Office final count of the alleged illegal ballots discovered at a printing house in Kostinbrod hours ahead of the May 12 early elections is 480 000.
The number of apparently illegally printed ballots for Bulgaria's May 12 early general elections has swollen to at least 400,000, according to an announcement by the prosecution.
Bulgaria's formerly-ruling, center-right GERB Party has sent its claim contesting and asking to void the May 12 early general elections results to all European institutions.
Bulgaria's Constitutional Court has decided to try the claim contesting and asking to void the May12 early general elections results.
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