The opposition Vazrazhdane, Bulgarian Socialist Party for Bulgaria and There Is Such a People (ITN) submitted, to the National Assembly, the first motion of no confidence in the Denkov cabinet over its policy in the energy sector. The three political formations state that with its actions, the government is destroying the industry.
According to the parliamentary rules of organization and procedure, discussions of the motion of no confidence can begin no earlier than 3 and no later than 7 days after the proposal is submitted, and the vote takes place no earlier than 24 hours after the debates are over. However, the parties which submitted the motion are insisting that an extraordinary sitting of parliament be called, as the National Assembly took a recess because of the upcoming local election. The three parties have a total of 71 MPs, which falls short by far of the 121 votes needed for the vote to be carried.
“We are realists and we realize the chances of this vote are slim to none,” said Vazrazhdane leader Kostadin Kostadinov. Earlier in the day, GERB party leader Boyko Borissov stated GERB would not be the party that will bring down the government.
“Five people from the parliamentary group are going to be “torn apart” during the voting for a cabinet but will, most probably, not give their support,” Ivelin Mihaylov, one of the founders of Velichie party said for the BNR. GERB-SDS..
In an analysis of the pension system in Bulgaria, the International Monetary Fund urges the country to raise pensions by raising social security contributions and doing away with the maximum insurable earnings. According to the analysis, pensions in..
Bulgarian tour operators and travel agents are hoping the new parliament will reconsider the decision to revert to the higher VAT (20%) for the industry as of 1 July. They are insisting that tourist packages be subject to 9% VAT until the end of..
Bulgaria’s national team of mathematics put up an excellent performance at the Junior Balkan Mathematical Olympiad. Six Bulgarian students returned from..
Bulgaria’s President Rumen Radev handed the first cabinet-forming mandate to Rossen Zhelyazkov who is the prime minister-designate of the largest..
On Tuesday the weather will be sunny and hot over most of the country. Clouds will form over Western and Central Bulgaria in the afternoon and there..
+359 2 9336 661