Bulgarian President Rosen Pleneliev has once again suggested that a cabinet resignation might be better for the country, which faces intensifying street protests.

The rallies carried ou in capital Sofia for 40 consecutive days, turned violent Tuesday overnight, when police clashed with several hundred protesters who had blocked MPs from leaving parliament.

In an interview for the Wall Street Journal Wednedsay, President Plevneliev said he is ready to appoint a new caretaker government.

"We've had three governments so far this year. Maybe we'll have five. If this government resigns, I'll appoint a new caretaker government," said he.

At the same time, PM Plamen Oresharski told WSJ that a resignation is not the better option, as it would destabilize the country.

"Democracy is based on three major foundations: a market economy, an independent media and a well-functioning justice system. Those three fundamentals in Bulgaria should be strengthened right now. We need wise political decisions," stated Plevneliev.

"The market has a problem with oligarchy, the media has a problem with monopoly and putting journalists under pressure, and the Bulgarian justice system is not perfect at all," he added.

However, in a special statement released Wednesday, Plevneliev also cautioned against the resort to violence and vandalism among protesters.

The Bulgarian President has been criticized of not living up to his neutral role representing the unity of the nation by taking a marked pro-protest and anti-cabinet stance.

The Oresharski cabinet came to power following May 12 general elections.

Significant protest rallies are being held only in capital Sofia and are composed chiefly of young rightist-leaning people.

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