Berliner Boersenzeitung - Bulgarian government resigns after mass protests: PM

EUR -
AED 4.224498
AFN 73.046998
ALL 95.696809
AMD 432.204851
ANG 2.059141
AOA 1054.829329
ARS 1592.010727
AUD 1.675056
AWG 2.070548
AZN 1.940108
BAM 1.948608
BBD 2.309277
BDT 140.680786
BGN 1.966226
BHD 0.433201
BIF 3405.830021
BMD 1.150305
BND 1.476451
BOB 7.951653
BRL 6.045197
BSD 1.146568
BTN 108.672918
BWP 15.806662
BYN 3.412904
BYR 22545.969045
BZD 2.30589
CAD 1.596968
CDF 2625.574789
CHF 0.91761
CLF 0.026955
CLP 1064.331108
CNY 7.950732
CNH 7.960418
COP 4213.548953
CRC 532.434929
CUC 1.150305
CUP 30.48307
CVE 109.859539
CZK 24.520469
DJF 204.166478
DKK 7.471797
DOP 68.248115
DZD 153.002311
EGP 60.777976
ERN 17.254568
ETB 177.243244
FJD 2.596697
FKP 0.865848
GBP 0.867439
GEL 3.082826
GGP 0.865848
GHS 12.562635
GIP 0.865848
GMD 84.544271
GNF 10052.897527
GTQ 8.774615
GYD 240.004211
HKD 9.010715
HNL 30.441648
HRK 7.528973
HTG 150.295301
HUF 389.275139
IDR 19544.594431
ILS 3.609219
IMP 0.865848
INR 109.106617
IQD 1501.956692
IRR 1510637.441228
ISK 143.511534
JEP 0.865848
JMD 180.473921
JOD 0.815557
JPY 184.302906
KES 148.930339
KGS 100.594127
KHR 4592.052002
KMF 492.330608
KPW 1035.277493
KRW 1734.659682
KWD 0.35419
KYD 0.955474
KZT 554.294253
LAK 24936.96454
LBP 102671.866453
LKR 361.167032
LRD 210.383532
LSL 19.688137
LTL 3.396551
LVL 0.695808
LYD 7.318988
MAD 10.71595
MDL 20.138674
MGA 4778.364375
MKD 61.41334
MMK 2414.296687
MNT 4107.901635
MOP 9.250957
MRU 45.779042
MUR 53.799879
MVR 17.772118
MWK 1988.062609
MXN 20.790024
MYR 4.513787
MZN 73.561762
NAD 19.688137
NGN 1591.40025
NIO 42.194273
NOK 11.214469
NPR 173.876271
NZD 2.001196
OMR 0.441809
PAB 1.146568
PEN 3.993959
PGK 4.954714
PHP 69.650797
PKR 319.99678
PLN 4.28198
PYG 7496.333102
QAR 4.180272
RON 5.092741
RSD 116.968302
RUB 93.859963
RWF 1674.320545
SAR 4.316807
SBD 9.250792
SCR 17.299154
SDG 691.333041
SEK 10.880052
SGD 1.481684
SHP 0.863026
SLE 28.24003
SLL 24121.32357
SOS 655.281537
SRD 43.252632
STD 23808.981587
STN 24.40991
SVC 10.031975
SYP 127.140463
SZL 19.686343
THB 37.379115
TJS 10.955068
TMT 4.026066
TND 3.380324
TOP 2.769657
TRY 51.125333
TTD 7.790248
TWD 36.86082
TZS 2958.082533
UAH 50.256218
UGX 4271.236046
USD 1.150305
UYU 46.408718
UZS 13982.394836
VES 538.260113
VND 30296.145905
VUV 137.329595
WST 3.192651
XAF 653.544946
XAG 0.016438
XAU 0.000256
XCD 3.108755
XCG 2.066374
XDR 0.8128
XOF 653.544946
XPF 119.331742
YER 274.462738
ZAR 19.700173
ZMK 10354.122627
ZMW 21.583342
ZWL 370.397594
  • RBGPF

    -13.5000

    69

    -19.57%

  • JRI

    -0.2700

    11.8

    -2.29%

  • BCC

    0.1400

    74.43

    +0.19%

  • GSK

    -0.1000

    53.84

    -0.19%

  • BCE

    -0.2200

    25.25

    -0.87%

  • RIO

    0.8500

    86.64

    +0.98%

  • NGG

    -0.4800

    81.92

    -0.59%

  • AZN

    5.0200

    188.42

    +2.66%

  • RYCEF

    -0.5900

    14.65

    -4.03%

  • RELX

    -0.1000

    31.97

    -0.31%

  • CMSC

    -0.0500

    22.77

    -0.22%

  • CMSD

    -0.0900

    22.66

    -0.4%

  • VOD

    -0.1400

    14.49

    -0.97%

  • BTI

    0.3749

    57.8

    +0.65%

  • BP

    0.5100

    46.68

    +1.09%

Bulgarian government resigns after mass protests: PM
Bulgarian government resigns after mass protests: PM / Photo: Dobrin KASHAVELOV - AFP

Bulgarian government resigns after mass protests: PM

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.

Text size:

Jeliazkov's announcement came just ahead of a vote in parliament on a no-confidence motion against the government that the opposition had filed.

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 sparked 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.

"The government resigns today," Bulgarian Prime Minister Rossen 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."

- '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 resigning.

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 Jeliazkov, 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.

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

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.

Shop worker Gergana Gelkova, 24, 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.

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.

(T.Burkhard--BBZ)