No party wins majority in Bulgaria’s parliamentary election

Government

Bulgaria’s center-right party and its main challenger, the Socialists, finished first and second in Sunday’s parliamentary election, with neither one winning a majority needed to form a government, two exit polls indicated. Six years after Bulgaria joined the European Union, disaffection with the political elite is widespread in the country of 7.3 million. Unemployment is close to an eight-year high and one in four lives below the poverty line. The center-right party, GERB, whose government resigned after violent demonstrations against poverty and corruption in February, was set to win 31% of the votes, ahead of the Socialists on 25-27%, exit polls by Alpha Research and Sova Harris agencies showed. With up to five other parties expected to enter the 240-seat parliament, formation of a stable government may prove difficult. Bulgaria has been led by a caretaker government since February.

ADVERTISEMENT

More Romanians at poverty risk since the COVID pandemic Analysis

More Romanians at poverty risk since the COVID pandemic

Meeting called to address Pegasus spyware lacks quorum  Parliament

Meeting called to address Pegasus spyware lacks quorum 

Skanska commercial dev unit names new EVP of operations Hung... Appointments

Skanska commercial dev unit names new EVP of operations Hung...

Zsa Zsa Gabor's ashes buried in Budapest City

Zsa Zsa Gabor's ashes buried in Budapest

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.