Berliner Boersenzeitung - Bulgarians vote again, anxious about soaring prices

EUR -
AED 4.045897
AFN 75.731357
ALL 98.643361
AMD 426.346405
ANG 1.98604
AOA 1007.897392
ARS 1070.138808
AUD 1.609773
AWG 1.985503
AZN 1.874771
BAM 1.951712
BBD 2.225039
BDT 131.684147
BGN 1.952204
BHD 0.415258
BIF 3196.903096
BMD 1.101528
BND 1.429206
BOB 7.615048
BRL 6.048104
BSD 1.101992
BTN 92.513502
BWP 14.576465
BYN 3.606345
BYR 21589.939186
BZD 2.221247
CAD 1.491237
CDF 3160.837863
CHF 0.939823
CLF 0.036556
CLP 1008.691099
CNY 7.76138
CNH 7.765835
COP 4617.691442
CRC 571.303228
CUC 1.101528
CUP 29.190479
CVE 110.034499
CZK 25.332324
DJF 196.238917
DKK 7.45971
DOP 66.261195
DZD 146.687143
EGP 53.261171
ERN 16.522913
ETB 133.174325
FJD 2.425783
FKP 0.838878
GBP 0.840218
GEL 3.012654
GGP 0.838878
GHS 17.455434
GIP 0.838878
GMD 77.106899
GNF 9514.069834
GTQ 8.524144
GYD 230.547048
HKD 8.556032
HNL 27.494404
HRK 7.489298
HTG 145.405403
HUF 401.142196
IDR 17076.099757
ILS 4.189803
IMP 0.838878
INR 92.549405
IQD 1443.575983
IRR 46374.307934
ISK 149.290239
JEP 0.838878
JMD 173.955596
JOD 0.780542
JPY 161.610058
KES 142.152008
KGS 93.034889
KHR 4472.63069
KMF 490.565418
KPW 991.374134
KRW 1471.635258
KWD 0.337042
KYD 0.918376
KZT 531.915738
LAK 24333.026939
LBP 98682.179611
LKR 323.871551
LRD 220.398307
LSL 19.268736
LTL 3.252524
LVL 0.666303
LYD 5.240023
MAD 10.764949
MDL 19.284602
MGA 5000.524852
MKD 61.481209
MMK 3577.718383
MNT 3742.990428
MOP 8.816032
MRU 43.533805
MUR 51.077984
MVR 16.908539
MWK 1910.797243
MXN 21.515052
MYR 4.6501
MZN 70.360113
NAD 19.268736
NGN 1825.583431
NIO 40.555045
NOK 11.699572
NPR 148.021922
NZD 1.771001
OMR 0.424105
PAB 1.101992
PEN 4.104901
PGK 4.38681
PHP 62.113481
PKR 305.964463
PLN 4.306056
PYG 8592.001392
QAR 4.016686
RON 4.976589
RSD 117.028446
RUB 104.79899
RWF 1493.072298
SAR 4.135608
SBD 9.134355
SCR 14.657243
SDG 662.569542
SEK 11.369851
SGD 1.429193
SHP 0.838878
SLE 25.166933
SLL 23098.475446
SOS 629.780729
SRD 33.93311
STD 22799.395471
SVC 9.6428
SYP 2767.620843
SZL 19.259655
THB 36.526468
TJS 11.725038
TMT 3.866362
TND 3.375429
TOP 2.579884
TRY 37.641393
TTD 7.474343
TWD 35.323561
TZS 2996.154666
UAH 45.385027
UGX 4036.544208
USD 1.101528
UYU 46.163297
UZS 14058.550013
VEF 3990341.271183
VES 40.61546
VND 27268.313497
VUV 130.775559
WST 3.081482
XAF 654.585767
XAG 0.034654
XAU 0.000415
XCD 2.976933
XDR 0.813296
XOF 654.585767
XPF 119.331742
YER 275.739844
ZAR 19.321955
ZMK 9915.076275
ZMW 29.065114
ZWL 354.691409
  • RBGPF

    -0.8100

    59.99

    -1.35%

  • CMSC

    0.0030

    24.783

    +0.01%

  • RIO

    -0.8500

    69.97

    -1.21%

  • BCC

    -1.8800

    137.65

    -1.37%

  • SCS

    -0.2000

    12.67

    -1.58%

  • GSK

    -1.0350

    38.415

    -2.69%

  • AZN

    -1.2700

    78.31

    -1.62%

  • CMSD

    0.0180

    24.948

    +0.07%

  • RELX

    -0.7950

    46.495

    -1.71%

  • NGG

    -1.6800

    67.1

    -2.5%

  • BTI

    -0.8800

    35.09

    -2.51%

  • RYCEF

    0.0800

    6.98

    +1.15%

  • BCE

    -0.4500

    33.99

    -1.32%

  • JRI

    -0.0380

    13.342

    -0.28%

  • BP

    0.0550

    32.425

    +0.17%

  • VOD

    -0.0650

    9.675

    -0.67%

Bulgarians vote again, anxious about soaring prices
Bulgarians vote again, anxious about soaring prices / Photo: Nikolay DOYCHINOV - AFP

Bulgarians vote again, anxious about soaring prices

Bulgarians vote Sunday in their fourth general election in 18 months, anxious about soaring consumer prices and energy costs ahead of a winter overshadowed by the Ukraine war.

Text size:

While endemic corruption was the focus of the previous vote last November, economic woes are now top of voters' concerns.

The European Union's poorest member state is battling annual inflation of close to 20 percent.

"Voters are preoccupied with the prices a lot more than with the geostrategical topics that political parties bicker about," political analyst Antony Todorov told AFP.

Recent studies revealed "a fear of winter" among many Bulgarians worried about the looming impact of rising costs for heating and food.

Attempting to address those fears, former three-time premier Boyko Borisov -- who is eyeing another comeback -- pledged to supporters Friday to combat "the chaos".

The 63-year-old who dominated politics for a decade until last year told a final campaign event in the central city of Plovdiv that he would "work for the stability of the country".

Polls on the eve of the ballot put his conservative GERB party in front, with about 25 percent of the votes.

- 'More work to do' -

The Balkan country has been dogged by political instability since early last year when the GERB party lost power following massive anti-corruption demonstrations.

Borisov's rival, outgoing reformist premier Kiril Petkov, 42, has urged voters to let him "continue the change" he started but is lagging in the polls on around 16 percent.

The Harvard-educated former entrepreneur stormed onto the political scene in 2021 and managed to piece together a precarious four-party coalition after winning last November's vote.

However, after only a seven-month stint in power, he was toppled in a no-confidence motion.

In an interview with AFP this week, Petkov trumpeted his success in the fight against "corruption practices" that allowed his cabinet to redistribute public funds, offering pension rises and free kindergartens.

"So it's a great first step, but we have a lot more work to do," he said.

"The challenge is to really show that the Bulgarians have made the choice, the choice for a new European, progressive, transparent Bulgaria versus going back to the years of transition, to the politicians of corruption," he urged.

Petkov categorically ruled out holding talks on forming a coalition with Borisov, heightening fears that the vote may fail to end the country's worst period of political instability since the end of communism in 1989.

- Pro-Russian kingmakers? -

Borisov, on the other hand, has said he would be "open to anyone" for talks on a cabinet for the sake of stability.

Todorov, the analyst, said he was sceptical about the chances of Borisov's GERB party being in that position.

"I don't believe that GERB, which is very isolated, could return to power," Todorov said.

"The situation is critical, Bulgaria needs a government but not at any cost," he added.

Another analyst, Georgy Kiryakov, said Borisov could find potential coalition partners in the Turkish minority MRF party and the ultra-nationalist Vazrazhdane party.

The openly pro-Russian formation has gained popularity since the start of the Russian invasion of Ukraine in February.

In a country with close historical, economic and cultural ties with Moscow, latest polls credit it with 11 to 14 percent of the vote.

Vazrazhdane's "behaviour could prove decisive", Kiryakov said.

The protracted political instability has left Bulgaria struggling to pass reforms and has hampered economic growth.

It has also accelerated an exodus of young people from the country, which has already lost a 10th of its population in the past decade.

And the cost of holding one snap election after another is also an issue that Borisov jumped on at Friday's campaign event.

Linking the outlay to big infrastructure projects that he championed while in office, he said: "We have spent a billion for elections, as much as (for building) four stadiums in Plovdiv."

vs/anb/ds/kjm/it

(K.Müller--BBZ)