The Fort Worth Press - Bulgarian government resigns after mass anti-graft protests

USD -
AED 3.672504
AFN 66.165927
ALL 82.323319
AMD 381.839809
ANG 1.790055
AOA 916.99992
ARS 1438.201103
AUD 1.500128
AWG 1.8
AZN 1.692152
BAM 1.669355
BBD 2.013657
BDT 122.174804
BGN 1.66867
BHD 0.376995
BIF 2954.848071
BMD 1
BND 1.293189
BOB 6.908501
BRL 5.420285
BSD 0.999744
BTN 90.24155
BWP 14.112325
BYN 2.933339
BYR 19600
BZD 2.010755
CAD 1.376695
CDF 2231.000222
CHF 0.793979
CLF 0.023349
CLP 915.99022
CNY 7.064601
CNH 7.05313
COP 3826.14
CRC 497.866166
CUC 1
CUP 26.5
CVE 94.117697
CZK 20.615011
DJF 178.030044
DKK 6.359335
DOP 64.023558
DZD 129.925958
EGP 47.507799
ERN 15
ETB 155.681547
EUR 0.851402
FJD 2.271803
FKP 0.749723
GBP 0.744765
GEL 2.690253
GGP 0.749723
GHS 11.477467
GIP 0.749723
GMD 73.504105
GNF 8695.800615
GTQ 7.65705
GYD 209.13281
HKD 7.781825
HNL 26.32127
HRK 6.417403
HTG 130.932059
HUF 326.387498
IDR 16665.1
ILS 3.21056
IMP 0.749723
INR 90.21755
IQD 1309.662001
IRR 42124.99965
ISK 126.190238
JEP 0.749723
JMD 160.176855
JOD 0.708968
JPY 155.035046
KES 128.950029
KGS 87.450266
KHR 4002.219187
KMF 421.999721
KPW 900.029165
KRW 1470.74499
KWD 0.30652
KYD 0.833134
KZT 520.578696
LAK 21684.02185
LBP 89529.020143
LKR 309.175487
LRD 176.459543
LSL 16.931376
LTL 2.95274
LVL 0.60489
LYD 5.430343
MAD 9.196634
MDL 17.026289
MGA 4434.107204
MKD 52.419132
MMK 2099.91721
MNT 3546.714389
MOP 8.01323
MRU 39.631273
MUR 46.069431
MVR 15.423681
MWK 1733.612154
MXN 18.067755
MYR 4.110426
MZN 63.909978
NAD 16.931376
NGN 1451.93044
NIO 36.787613
NOK 10.075025
NPR 144.386309
NZD 1.71778
OMR 0.384511
PAB 0.999744
PEN 3.36958
PGK 4.242171
PHP 58.934498
PKR 281.184022
PLN 3.597948
PYG 6832.536702
QAR 3.643797
RON 4.334402
RSD 100.01298
RUB 79.387502
RWF 1455.189484
SAR 3.752588
SBD 8.230592
SCR 13.733094
SDG 601.490257
SEK 9.25002
SGD 1.291535
SHP 0.750259
SLE 24.098595
SLL 20969.498139
SOS 570.331171
SRD 38.5875
STD 20697.981008
STN 20.911574
SVC 8.748128
SYP 11056.853244
SZL 16.926425
THB 31.701996
TJS 9.217822
TMT 3.51
TND 2.931401
TOP 2.40776
TRY 42.615502
TTD 6.784739
TWD 31.1965
TZS 2453.737986
UAH 42.201149
UGX 3554.967566
UYU 39.365979
UZS 12017.856076
VES 257.606285
VND 26327.5
VUV 122.493131
WST 2.780098
XAF 559.881359
XAG 0.015948
XAU 0.000236
XCD 2.70255
XCG 1.801809
XDR 0.696946
XOF 559.895696
XPF 101.792421
YER 238.525037
ZAR 16.872035
ZMK 9001.202853
ZMW 22.919939
ZWL 321.999592
  • SCS

    0.0200

    16.14

    +0.12%

  • RBGPF

    3.1200

    81.17

    +3.84%

  • JRI

    -0.0090

    13.711

    -0.07%

  • CMSC

    0.0800

    23.38

    +0.34%

  • RIO

    0.6900

    76.93

    +0.9%

  • NGG

    0.2610

    74.901

    +0.35%

  • BCC

    0.4750

    77.485

    +0.61%

  • AZN

    -0.5450

    90.965

    -0.6%

  • BTI

    0.1500

    58.91

    +0.25%

  • GSK

    0.3500

    48.76

    +0.72%

  • RYCEF

    0.2300

    14.85

    +1.55%

  • RELX

    0.2800

    40.36

    +0.69%

  • BCE

    0.2960

    23.486

    +1.26%

  • CMSD

    0.0300

    23.31

    +0.13%

  • VOD

    0.0250

    12.585

    +0.2%

  • BP

    -0.0580

    35.822

    -0.16%

Bulgarian government resigns after mass anti-graft protests
Bulgarian government resigns after mass anti-graft protests / Photo: © AFP

Bulgarian government resigns after mass anti-graft protests

Bulgaria's prime minister announced Thursday that his government was resigning after less than a year in office following a series of anti-corruption protests, making fresh elections likely.

Text size:

The Balkan EU member, which is introducing the euro from January, has seen a spiral of elections in recent years, with parties unable to form a stable government.

Tens of thousands of people took to the streets across Bulgaria on Wednesday to protest against the government and corruption in the latest rally since the end of last month.

The demonstrations were provoked by a 2026 draft budget, which protesters branded as an attempt to mask rampant corruption. The government withdrew the budget last week, but anger has persisted.

Bulgarian Prime Minister Rossen Jeliazkov's resignation announcement came just ahead of a no-confidence motion in parliament against the government that the opposition had filed.

"The government resigns today," Jeliazkov told reporters after a meeting of ruling parties' leaders.

"People of all ages, ethnic backgrounds, and religions have spoken out in favour of resignation. That is why this civic energy must be supported and encouraged."

Parliament is expected to approve the government's resignation on Friday, with fresh elections likely.

- 'Crisis' -

The European Union's poorest country is due to join the eurozone on January 1. This is expected to go ahead despite the government's resignation.

Institutions directly involved in introducing the euro, such as the Bulgarian National Bank, are "independent and should not be affected by the government's resignation", Petar Ganev, a senior research fellow at the Institute for Market Economics (IME), told AFP.

"However, in an election context, any minor issue related to the euro introduction, such as a price increase or a malfunctioning ATM, will become a topic of political debate," Ganev added.

The Balkan country has seen seven snap elections following massive anti-graft protests in 2020 against the government of three-time premier Boyko Borissov.

Borissov's conservative GERB party topped the most recent election last year, forming the current coalition government in January.

Analysts say low trust in Bulgarian institutions and leaders has been compounded by concerns about prices as the country prepares to adopt the euro.

"Bulgarian society is in a situation of very broad unity against the country's model of governance," Dobromir Zhivkov, director of the Market Links sociological agency, told AFP.

"Levels of trust in the Bulgarian government and parliament remain close to historic lows, which is yet another indicator of the severe political and institutional crisis the country is facing," he added.

- 'I'm fed up' -

Last week, President Rumen Radev declared his support for the protesters and urged the government to resign to make way for early elections.

Assen Vassilev, leader of the opposition We Continue the Change party, welcomed the resignation, calling it "the first step towards transforming Bulgaria into a normal European state".

"The next step is to hold free and fair elections," he told reporters at parliament on Thursday.

On Wednesday, tens of thousands rallied outside the parliament building in Sofia alone, according to an AFP journalist on the scene.

Protesters chanted "Resign" and held up "I'm fed up!" signs featuring caricatures of politicians.

Gergana Gelkova, 24, who works in retail, told AFP she had joined the protest because widespread corruption had become "intolerable".

Most of her friends no longer lived in Bulgaria and did not plan to return, she added.

Bulgaria is one of the lowest ranking members on watchdog Transparency International's Corruption Perception Index.

X.Silva--TFWP