Bulgaria’s Cabinet to Resign

The Oresharski cabinet will resign on July 23, Wednesday, Bulgaria’s Minister of Economy Dragomir Stoynev told Darik yesterday.

The minister emphasized that the faster the early elections, the better, because “the political crisis could affect the economy.” He also said, however, that before its resignation, the current government has to choose Bulgaria’s next EU Comissioner, who will not be withdrawn by the caretaker government.

Stoynev expressed that current Bulgarian Commissioner Kristalina Georgieva unfortunately has no chance of being nominated as High Commissioner for Foreign Affairs despite the strong support from Prime Minister Oresharski. “I’m pretty sure that her candidacy will not succeed” he noted by refusing details. As a report on the work done last year in office, Stoynev stated that Bulgaria had growth of above 1% – which has not happened since the crisis from 2009. “The Cabinet created 40,000 jobs, which has been unprecedented in the last five years,” he commented.

Minister Stoynev is against the current state budget update attempts, as he deems that unneccessary. In his opinion, the budget of NHIF also does not need to be updated. “Pouring money into an unreformed system of mismanagement will not solve the problem,” he said and recommended to look for internal reserves by restructuring the health budget.