Bulgaria’s parliament has approved a new government led by Rosen Zhelyazkov, concluding months of negotiations following the October snap election. Zhelyazkov committed to strengthening the rule of law, enhancing economic stability, and advancing eurozone accession, underscoring the need
Bulgaria’s parliament has approved a new cabinet led by Rosen Zhelyazkov, ending months of political negotiations following the October snap election, the country’s seventh in four years.
Zhelyazkov, a former parliament speaker, was nominated by the centre-right GERB-SDS group, which won the most seats but faced prolonged coalition talks before securing the mandate from President Rumen Radev. His government was confirmed on Thursday, with 125 out of 240 lawmakers voting in favour.
Bulgaria has struggled with political instability since 2020, when anti-graft protests led to the fall of a GERB-led coalition. As the EU’s poorest member state, it requires stable governance to advance economic reforms, absorb EU funds, and progress towards eurozone membership, which has been delayed due to missed inflation targets.
In his address to parliament, Zhelyazkov stressed the need for rule of law, economic competitiveness, security, and social protections. He pledged to accelerate eurozone accession, a key policy priority for the new government.
As a NATO member, Bulgaria also faces external security challenges, making political stability crucial for both its domestic and international commitments.
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The European Parliament is set to vote on Bulgaria's proposed entry into the eurozone today (8 July).
The independent transmission operator ICGB will conduct annual auctions on July 7th and 21st for firm and interruptible capacity on the Greece-Bulgaria gas interconnector, offering participants a chance to secure key gas transmission capacity.
President Ilham Aliyev and Bulgarian National Assembly President Natalia Kiselova reaffirmed the strategic partnership between Azerbaijan and Bulgaria during a meeting in Baku on June 18, highlighting strong political and energy ties.
Bulgaria and Kazakhstan are joining forces to develop the Middle Corridor — a vital transport route connecting Europe and Asia — marking a new era of strategic and economic cooperation across Eurasia.
A series of earthquakes have struck Guatemala on Tuesday afternoon, leading authorities to advise residents to evacuate from buildings as a precaution against possible aftershocks.
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China and the Association of Southeast Asian Nations will send an upgraded ‘version 3.0’ free-trade agreement to their heads of government for approval in October, Chinese Foreign Minister Wang Yi said on Saturday after regional talks in Kuala Lumpur.
Two student pilots were killed when two single-engine training aircraft collided mid-air in southern Manitoba, Canadian authorities confirmed on Tuesday.
NATO Secretary General Mark Rutte is warning that major economies like Brazil, China, and India could face serious consequences if they continue trading with Russia, as the U.S. steps up pressure with fresh sanctions and weapons support for Ukraine.
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The European Union did not reach agreement on its 18th sanctions package against Russia on Tuesday, EU foreign policy chief Kaja Kallas confirmed following a meeting of foreign ministers in Brussels.
Russia, Iran, and China are increasingly involved in life-threatening activities on British soil—including attacks and kidnappings—often carried out by criminal networks or, in some cases, by children, according to two senior UK counterterrorism officials.
Australian Prime Minister Anthony Albanese met with Chinese President Xi Jinping in Beijing, affirming that both countries will keep communication channels open and explore cooperation opportunities despite ongoing strategic rivalry in the Indo-Pacific region.
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