In Bulgaria

Resigned Prime Minister Nikolai Denkov has issued a stark ultimatum, indicating that Bulgaria may be headed for early elections if negotiations to form a government with the first mandate falter.

After a series of consultations with President Rumen Radev, discussions about the future governance of Bulgaria are ongoing. Resigned Deputy Prime Minister Mariya Gabriel, along with other key figures from GERB, provided updates following their meetings.

Bulgaria's President Rumen Radev is set to engage in consultations with representatives from various parliamentary groups in the 49th National Assembly. Scheduled over Monday and Tuesday, these deliberations hold significant weight in shaping the country's political landscape.

As the 49th National Assembly gears up for the next phase of government formation, President Rumen Radev is scheduled to commence consultations with political parties on Monday. This crucial step marks the beginning of the process wherein the President will hand over the first exploratory mandate to form a government to a candidate nominated by the largest parliamentary group, GERB.

The Bulgarian parliament has entered a crucial phase of political negotiations as it approved the resignation of the "Denkov" cabinet, signaling a transition into rotating the government. The move comes amidst ongoing discussions between the ruling formations GERB and "We Continue the Change - Democratic Bulgaria" regarding the power dynamics for the next nine months.

Bulgarian President Rumen Radev shared his insights on the imminent cabinet rotation and the potential obstacles it may face in an interview with Bulgarian correspondents on Friday. With speculation swirling about the prospect of a caretaker government, Radev disclosed that he currently does not entertain the idea of appointing one.

The Sofia Municipal Council (SMC) convened to elect its deputy chairs and members of standing committees, marking a significant development in the city's political landscape.

In a strategic move, members of the Sofia Municipal Council (SMC) aligned with the GERB and BSP parties have secured leadership positions in key committees, shifting the balance of power within the council.

Boyko Borissov, the chairman of GERB, has voiced his preference for holding new elections for mayor and municipal council in Sofia, according to his statements to "Dnevnik" in the National Assembly. The ongoing deadlock in the Sofia Municipal Council (SMC) regarding the election of a chairman has prompted Borissov to advocate for fresh elections.

In a recent representative study conducted by "Trend" and commissioned by "24 Chasa", 56% of Bulgarians shared their belief that the impending cabinet changes in March would not bring about significant alterations to the government's functioning. The findings offer a glimpse into public sentiment a month ahead of the anticipated rotation of prime ministers.