President Radev expected to appoint caretaker cabinet, set a date for vote.
Bulgaria’s President Rumen Radev announced early elections following the resignation of Prime Minister Rosen Zhelyazkov amid protests over corruption and budget issues. The major political parties rejected his invitation to form a new government, leading to a caretaker cabinet being appointed. This political instability has resulted in seven elections in the past four years, highlighting the need for stability to access EU funds and combat corruption in the country. Bulgaria officially adopted the euro on January 1, aiming to strengthen its economy and reduce Russian influence.
