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Bulgaria Closer to Fourth Election as Premier Lacks Majority

  • Vassilev says ruling party doesn’t have enough votes
  • Bulgaria may now face fourth general election in two years
Kiril Petkov
Kiril PetkovPhotographer: Valeria Mongelli/Bloomberg

Bulgaria’s outgoing prime minister failed to form a new majority, deepening months of political turmoil and setting the Balkan nation on course for what could be its fourth election in less than two years. 

Kiril Petkov, who resigned in June after his fractious coalition fell apart after six months in office, will have to return a mandate to form a new government to President Rumen Radev. Finance Minister Assen Vassilev said the party was four lawmakers short of a majority and signaled that a snap vote was the way forward.