Bulgarian Socialist Party (BSP)

Sergey Stanishev, outgoing leader of the Bulgarian Socialist Party (BSP), has said he will run for a second term in office as President of the Party of European Socialists (PES).

Speaking Sunday at the 48th Congress of BSP in the National Palace of Culture (NDK) in Sofia, Stanishev told the delegates that it was his last congress as BSP leader.

The Bulgarian Socialist Party (BSP) is to elect its new leader at the 48th Congress of BSP on Sunday.

The congress starts at 11 am at the National Palace of Culture (NDK) in Sofia and the open part of it ends at 3 pm, according to reports of Darik radio.

A total of 29 nominees compete for the post of BSP Chair.

The resignation of the loyal to Moscow Bulgarian government may cause serious problems for Gazprom and the South Stream project, writes the Russian newspaper Kommersant. 

Center-right party GERB and liberal party DPS have agreed to hold an extraordinary sitting of Parliament on July 29 at 3 pm.

The proposal for the extraordinary sitting came from Yordan Tsonev from DPS (Movement for Rights and Freedoms).

Boyko Borisov, leader of center-right party GERB, has suggested that Kalin Hristov must replace Ivan Iskrov at the post of Governor of the Bulgarian National Bank (BNB).

Hristov is a member of the current Managing Board of the Bulgarian National Bank.

President Rosen Plevneliev has asked parties to overcome their differences to resolve three pressing issues before the Parliament is dissolved.

Bulgarian Prime Minister Plamen Oresharski has resigned.

The resignation of Oresharski and his Cabinet was submitted at 17:59:55 on Wednesday at the Parliament's Clerk's Office.

The resignation of the socialist-led government headed by Oresharski came 421 days after the start of its term in office.

Cabinet members arrived at the Council of Ministers for what is expected to be their last session before Prime Minister Plamen Oresharski steps down.

Earlier this month Oresharski picked July 23 as the most suitable date for the government to submit its resignation.

However, ministers have repeatedly sent mixed signals as to whether this could happen on Wednesday.

Georgi Kadiev, known for his usual criticism at decisions of the Bulgarian Socialist Party (BSP), has officially become a candidate to head the party.

Kadiev left Parliament and BSP's National Council in June, after a party session dedicated to poor results at the European Parliament elections this year.

If the early elections were held today, six political formations would pass the 4% threshold to enter Bulgaria's Parliament, according to polling agency Sova Haris.