Key Takeaways from Bulgaria's Latest Snap Election
Ongoing election cycle continues with sixth consecutive snap parliamentary election since April 2021

October 29, 2024
Eight parties are on course to enter Bulgaria’s parliament following the latest snap elections – the sixth snap electoral contest since the inconclusive April 2021 parliamentary contest. With 100% of the votes counted and at a turnout of 39%, the centre-right GERB-SDS party of former PM Boyko Borissov has won the snap election, securing 26.4% of the popular vote. The rival and pro-EU We Continue the Change-Democratic Bulgaria alliance (PP-DB) finished a distant second with 14.2%, closely followed by the pro-Russian Revival (13.4%).

They are followed by the Turkish minority Movement for Rights and Freedoms-New Beginning (DPS-NN) of US-sanctioned oligarch Delyan Peevski (11.5%), the left-wing Bulgarian Socialist Party-United Left (BSP-OL) with 7.6%, the Alliance for Rights and Freedoms (APS) of former DPS leader Ahmed Dogan (7.5%), the populist There is Such a Nation (ITN) with 6.8%, as well as the newly emerged and populist-nationalist MECh (Sword) party with 4.6%. The pro-Russian Grandeur, which entered parliament for the first time in the previous elections in June, narrowly fell short of passing the 4% threshold.

With a hung parliament, the prospects of a stable government remain slim. One possible outcome is a coalition centred around GERB and PP-DB, however it is yet to be seen if they can agree on a coalition deal and attract other allies needed to secure a majority in parliament. Strong political and policy differences between the two blocs suggest that such a government would be highly unstable. Another possible scenario entails yet another snap parliamentary election, most likely in the spring of 2025, as well as the appointment of a new caretaker government. A deepening political deadlock would negatively impact the country’s aspirations to join the Eurozone in 2025/2026 and secure full membership of the EU’s Schengen Area, while growing support for nationalist and pro-Russian formations remains an additional risk.
If you would like to schedule a discussion of this paper, please contact:
Lilyana Zagorcheva, Aretera’s Regional Director for Bulgaria & the Balkans, at L.Zagorcheva@AreteraPA.com