Rosen Plevneliev

The article is from EUObserver

Bulgaria, already grappling with a severe political crisis, is now trying to deal with what the government has called an organised attempt to destabilise its financial system.

Bulgaria's President Rosen Plevneliev vetoed the amendments to the Competition Protection Act regarding the large retail chains, reports the bTV national channel. 

Bulgaria is to hold early elections on October 5 and is to have a caretaker government after President dissolves Parliament in August, the county's head of state announced.

After political consultations at the Presidency attended by most of the major parties, it was decided that no other government would be sought within the current legislature.

The early elections for Parliament in Bulgaria will be held on October 5, reports Dnevnik.bg. 

This is what the leaders of the parliamentary represented parties GERB, Bulgarian Socialist Party and Movement for Rights and Freedoms (DPS), agreed upon at a meeting in Parliament on Friday.

President Rosen Plevneliev will take part in the meeting of the heads of state and government of the South East European Co-operation Process (SEECP) countries on June 25.

This is the highest level of political dialogue in the region in this format, according to the President's press office.

The SEECP was launched on Bulgaria's initiative in 1996.

Consultations at which party leaders are to discuss the prospective date for holding a snap vote will take place this week, a top ruling party official has asserted.

On Tuesday, however, multi-party talks are completely ruled out, Dimitar Dabov, who is the Deputy Chair of Bulgarian Socialist Party (BSP)'s National Council, was quoted by the Bulgarian National Radio as saying.

June 23 has been declared a national day of mourning in Bulgaria for the victims of the floods in the Black Sea city of Varna and in Dobrich.

National flags at all public institutions will fly at half-mast. All celebrations and public events are canceled.

The European Commission is ready to mobilize all available instruments in the EU to support the people affected by the floods in Bulgaria, according to EC President Jose Barroso.

Bulgarian President Rosen Plevneliev has called on party leaders to refrain from political confrontation over the deadly floods in Varna.

In a Friday statement, Plevneliev called for solidarity and empathy with the ones affected by the disastrous flooding.

Lawmakers have rejected the veto imposed by President Rosen Plevneliev on the Interior Ministry bill.