42nd National Assembly

Center-right opposition GERB has stepped back and has announced it is against the update of Bulgaria's state budget.

Leader Boyko Borisov has declared the party will not attend any more Parliament sessions until August 5, when the last meeting of lawmakers in the 42nd National Assembly is due to be held.

Mihail Mikov, the newly elected Chair of the Bulgarian Socialist Party (BSP), was born on June 16, 1960 in the northwestern town of Kula.

He holds an MA in Law from the Sofia University “St. Kliment Ohridski.”

Mikov obtained specializations in human rights, tax law, and anti-corruption practices from universities in France, US and Italy.

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

Bulgaria's ethnic Turkish DPS party will most likely support the candidacy of the outgoing EU Commissioner Kristalina Georgieva for EU's foreign policy chief post.

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.

Bulgaria's parliamentary committee on economic policy and tourism approved the merger of the anti-trust and consumer protection watchdogs.

The proposal passed first reading at the parliamentary committee on Thursday.

Boyko Borisov, leader of center-right party GERB, has ruled out the opportunity of a new government under the 42nd National Assembly.

Speaking Tuesday at an extraordinary press conference, Borisov called on the ruling parties to schedule elections for a new Parliament in mid-September.

Center-right party GERB (Citizens for European Development of Bulgaria) is in favor of holding a referendum on compulsory voting alongside the early general elections.