In a dramatic turn of events, Bulgarian Prime Minister Rosen Zhelyazkov has resigned following widespread protests against his government, which has been accused of corruption and economic mismanagement. The resignation comes just weeks before Bulgaria is set to join the eurozone on January 1, marking a significant moment in the country's political landscape.

Mass Protests and Political Pressure

Tens of thousands of Bulgarians took to the streets in Sofia and other cities, demanding the resignation of Zhelyazkov's minority centre-right government. The protests, which drew between 50,000 and 100,000 participants, were sparked by dissatisfaction with the government's economic policies and perceived corruption. Demonstrators projected messages like "Resignation" and "Mafia Out" onto the parliament building, expressing their frustration with figures such as oligarch Delyan Peevski and former Prime Minister Boyko Borissov.

Government's Response and Resignation

Facing a looming no-confidence vote, Zhelyazkov announced his resignation in a televised address, acknowledging the public's demand for change. "Power stems from the voice of the people," he stated, emphasizing the need to support the civic energy demonstrated by the protests. The government had already withdrawn a controversial budget plan in response to earlier demonstrations.

Political Instability and Future Prospects

Bulgaria's political scene has been marked by instability, with Zhelyazkov's government surviving five previous no-confidence votes. President Rumen Radev, who had also called for the government's resignation, will now task parliament with forming a new government. If unsuccessful, an interim administration will be appointed, potentially leading to the eighth election in four years.

Challenges Ahead

Despite the political upheaval, Bulgaria's entry into the eurozone is not expected to be derailed. However, the country continues to grapple with high levels of perceived corruption, as highlighted by Transparency International. As Bulgaria navigates this transitional period, the public's call for genuine reform and accountability remains a pressing issue.