Rumen Radev

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.

Bulgaria is gearing up to nominate Kristalina Georgieva for a second term as the head of the International Monetary Fund (IMF), according to Dimitar Radev, the governor of the Bulgarian National Bank (BNB) and the governor of the IMF for Bulgaria.

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.

In an exclusive interview with Frankfurter Allgemeine Zeitung (FAZ), Bulgarian Prime Minister Nikolai Denkov articulated the nation's steadfast commitment to supporting Ukraine in its quest to restore pre-war order, emphasizing that Russia's triumph in the Ukrainian conflict stands in direct opposition to Bulgaria's national interests.

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.

In an unexpected move, Prime Minister Nikolai Denkov has tendered his resignation to the National Assembly, as confirmed by the press center of the Council of Ministers. This decision comes as a surprise, given the prior agreement with GERB, stipulating his resignation between March 6 and 9, marking nine months since his election to the prime ministerial post.

After more than three months of deliberation and logistical challenges, the Bulgarian parliament's decision to donate armored vehicles to Ukraine is finally seeing fruition as the equipment is loaded onto a train bound for Kyiv. This development comes amidst growing impatience and calls for accountability over the delayed transfer of the armored vehicles.

Bulgaria commemorated its 146th anniversary of liberation from Ottoman rule with grand celebrations spanning across the nation. From solemn rituals to vibrant processions, Bulgarians paid homage to the heroes who fought for the country's freedom.

Today, on the revered national holiday of March 3, thousands of Bulgarians congregated at the historic Shipka peak and its surroundings to commemorate the sacrifices made for the country's freedom.

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.