Breaking news from Bulgaria -- the government has resigned following weeks of protest against its austerity programme.

Bulgarian government collapses

Breaking news from Bulgaria -- the government has resigned following weeks of protest against its austerity programme.

Prime minister Boiko Borisov announced the dramatic development in parliament this morning, following violent clashes between police and demonstrators last night which resulted in 25 people being taken to hospital.

Borisov told MPs:

I will not participate in a government under which police are beating people.

That was the latest in a series of large protests against the country's tough fiscal policies, which have led to high unemployment and slowing growth. Bulgarians are also furious over steep energy prices, which many people say are simply unaffordable.

Bulgarian Prime Minister Boiko Borisov walks away after his speech in the Parliament in Sofia February 20, 2013. I'm off. Bulgaria's prime minister, Boiko Borisov, walks away after his speech in the parliament in Sofia this morning. Photograph: Reuters

Borisov fired his unpopular finance minister, Simeon Djankov, on Monday, but that wasn't enough to calm the storm in Bulgaria.

Djankov's policies had cut Bulgaria's deficit and helped keep the country's currency pegged to the euro (which it plans to join one day).

But the population found the cost too high to bear, and it appears that last night's violence pushed Borisov into resigning.

Updated at 9.01am GMT

Views: 2337

Reply to This

LIVE call from Refuge -- FBI Siege Happening.

Report an Issue

Need help or have questions/concerns?

Send a message to The Admin Team

Thumbnail

updated drop down menu

Forum

I AM Brad Watson, the 2nd Coming of the Christ

Started by Brad Watson, Miami in Current News/Events. Last reply by Deep Space 13 hours ago. 6 Replies

:: Hypocrite Hillary? ::

Started by Modern Feudal Serf in Current News/Events May 12. 0 Replies

CURRENT CYBER ATTACKS

Please remember this website is supported by your donations...

© 2016   Created by truth.   Powered by

Badges  |  Report an Issue  |  Terms of Service

content and site copyright 12160.info 2007-2015 - all rights reserved. unless otherwise noted