Bulgaria election winner forms new government

November 5, 2014 by  
Filed under Featured, News

_68914373_68914321[1]SOFIA, Bulgaria – Bulgarian President Rosen Plevneliev has formally given the winner of recent parliamentary elections a mandate to form a new government, seeking to restore stability in the poorest EU member country.

Conservative Boyko Borisov won the largest share in Oct. 5 early parliamentary elections, ousting a Socialist-led coalition. The 55-year-old former bodyguard and mayor of Bulgaria’s capital, Sofia, founded his center-right GERB party in 2006, and was prime minister between 2009 and 2013. Borisov’s party won only 84 of the 240 parliamentary seats, and he faces the hard task of forming a right-wing coalition with sufficient support in the fragmented legislature.

The winner of Bulgaria’s parliamentary election signed an accord on Thursday to form a minority coalition government after a month of talks, a welcome breakthrough for a country reeling from a bank crisis and struggling to revive economic growth.

  • Minority centre-right govt to rely on allies for support
  • PM-designate Borisov was toppled by protests in Feb 2013
  • New cabinet must tackle bank crisis, fiscal deficit
  • Parliament expected to approve govt on Friday (Adds quote, details, background)