In less than two years, Bulgaria has headed for its fourth election when the trials to reconstitute a toppled government failed miserably, deepening the political crises that risk holding up euro adoption and European Union aid.
On Thursday, the Socialist Party will return its cabinet forming mandate, opening the path for President Rumen Radev to dissolve parliament and schedule a vote that may take place as early as the 2nd of October.
The Socialist Party failed miserably to secure majority support in favour of a new cabinet after their coalition collapsed in a no-confidence motion.
‘’We had zeal, enthusiasm and ambitions, but we lack support,’’ said Svilenski. It is crystal-clear that there is no anti-corruption majority in this parliament.’’
The turbulence came amid a perfect gush of crises, with inflation at its peak and challenges for the country as the EU plans to cut off some Russian fuel. The purchase of a new fighter jet for which the country received an offer from Lock Head Martin Corp. might also get delayed.
It is visible that Petkov’s unstable party has very little to no chances of flourishing any time soon. He took office in December. He tried his best to make the country more stable and pledged to graft into what was perceived as one of the most corrupt countries, but disputes among his partners hindered his attempts.
The Socialists agreed on a six-month program to fight graft and measures to help businesses with surging prices but failed to secure the support. Kiril Petkov’s government worked to resolve the dispute with North Macedonia to unseal the efforts made by the EU to welcome new members from the Balkans.
With this, Petkov also expelled nearly 70 Russian diplomats and embassy personnel and broke its ties with Moscow. Moscow cut off gas deliveries to Bulgaria, making Bulgaria utterly reliant on Russian Gas. Sofia also disagreed with paying in rubles.