Bulgaria: Prime Minister Boyko Borissov forced to resign amid protests
March 12, 2013
On 20 February, Bulgaria's Prime Minister Boyko Borissov resigned after a series of protests over rising electricity prices, low wages and corruption turned violent. Borissov, who was elected in 2009, implemented a set of austerity measures to narrow a widening budget deficit in an attempt to avoid being caught in the European debt crisis.
Following Borissov's resignation, the three main parties - the centre-right GERB, the Socialist party BSP and the ethnic Turkish party DPS- were each offered a mandate to form a new government that would last until the next elections, which were originally scheduled for July. However, none of the groups accepted, turning down the offer. Therefore, on 5 March, President Rosen Plevneliev announced that he would appoint a caretaker government that will be led by three Deputy Prime Ministers whose names will be revealed on 12 March. The caretaker government will stay in office until early elections are held on 12 May.