Bulgarian PM resigns

Citing a lack of support from the Bulgarian people, Bulgarian Prime Minister Boyko Borisov stepped down on 20 February, following protests over high electricity prices, austerity measures and corruption. His decision is expected to be approved by the country’s parliament, thus leading to new elections at a date still to be set.

The action is the latest in a series of EU government upheavals as a result of the European economic crisis. Several neighbouring countries, including Romania and Slovakia, have seen a change in government as intolerance for corruption and protests against austerity grow stronger.

Borisov’s approval had plummeted recently, according to Reuters, despite promises to cut energy prices and combat endemic corruption, along with recent corruption scandals that had made the prime minister’s government unpopular among the country’s citizens.

Although Bulgaria has boasted a growing economy over the past 10 years, it has not shown as much resilience to the crisis as originally anticipated by the World Bank. While the country has navigated the crisis better than some of its neighbours, it continues to have the lowest GDP per capita and lowest standard of living in the EU, according to the International Monetary Fund.

Dropped approval ratings and ongiong protests forced Borisov to resign | Photo: EEP

Dropped approval ratings and ongiong protests forced Borisov to resign | Photo: EEP

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