Published: 20:05, October 24, 2024
Bulgaria to hold seventh election in four years as coalitions fail again
By Reuters

Bulgaria center-right GERB party head and former prime minister Boyko Borisov (center, right) attends a pre-election meeting with supporters in Veliko Tarnovo on Oct 23, 2024, ahead of the country's general election. (PHOTO / AFP)

SOFIA - Bulgarians head to the polls on Sunday in the seventh snap election inside four years as the country's fractured political parties struggle to form a stable coalition and voters become increasingly apathetic about the outcome.

Bulgaria has been plagued by revolving-door governments since anti-graft protests in 2020 helped topple a coalition led by the center-right GERB party.

The latest polls released on Thursday suggest more of the same - no clear winner, and no obvious options for a meaningful coalition. Voter turnout, seen at around 30 percent. Voting will end at 8 pm (1800 GMT), with exit polls due around that time. Final results are due within days.

Short of an unexpected political partnership or the sudden emergence of a unifying leader, most analysts anticipate the country will be back at the ballot box early next year.

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"There is a deep crisis of the political system," said Ognyan Minchev, professor of political science at Sofia University.

The dysfunction is worrying for Bulgaria, a Balkan country of 6.4 million people that borders the Black Sea. Its accession to the EU in 2007 ushered in a period of optimism marked by rising living standards and rapid economic growth. But the global financial crisis, COVID and conflict in Ukraine have dented foreign investment.

Now, it is in dire need of a period of stable government to accelerate the flow of EU funds into its creaking infrastructure and to nudge it towards joining the euro.

President Rumen Radev gave GERB a mandate to form a government after the last election in June in which the party won the most votes and secured 68 seats in the 240-seat parliament.

But it failed to form a majority coalition. Other parties were then offered the mandate, but failed as well, triggering this election.

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A poll released on Thursday by the Sofia-based Alpha Research pollster showed GERB leading with 26.5 percent of the vote. The reformist We Continue the Change (PP) party is on 14.9 percent and the ultranationalist Revival party has 14.2 percent.

A split in the Movement for Rights and Freedom party, which mainly represents Bulgaria's large ethnic Turkish minority and had produced a solid voting block in recent elections, has made coalition building even more difficult, analysts said.