Government of Bulgaria Resigned Because of Protest against High Electricity Prices

Feb 20, 2013 16:07 IST

The Government of Bulgaria resigned from the office on 20 February 2013 on grounds of protests in the nation against the high electricity prices. The Prime Minister of Bulgaria, Boiko Borisov earlier tried to bring peace by sacking the finance minister and assured cutting the power prices as well as punishing the foreign-owned companies.

Cause of resignation of Bulgaria’s Government

Bulgarians held protests in the country because of concerns over higher energy costs, lower living standards, power monopolies as well as corruption.

The Boiko Borisov on 20 February 2013 announced his resignation. While announcing his resignation, Boiko Borisov did not mention anything about the parliamentary elections which are scheduled for July 2013.

Important Facts:

• Bulgaria is located in Southeastern Europe. It is the 14th largest country of Europe.
• Prime Minister of Bulgaria, Boiko Borisov belonged to the Citizens for European Development of Bulgaria party, which is abbreviated as GERB (Grazhdani za evropeysko razvitie na Balgariya).
• It is the center-right political party of Bulgaria which was established in 2006. It has remained a ruling party in Bulgaria since 2009, headed by Boiko Borisov.

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Read more Current Affairs on: Bulgaria , Electricity Prices

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