Bulgaria’s government resigned on Wednesday after violent nationwide protests against high power prices, joining a long list of European administrations felled by austerity during Europe’s debt crisis.
Prime Minister Boiko Borisov, a former bodyguard who swept to power in 2009 on pledges to root out corruption and raise living standards in the European Union’s poorest member, now faces a tough task to prop up eroding support ahead of a probable early election.
Bulgarian Prime Minister Boiko Borisov speaks in the Parliament in Sofia February 20, 2013.
Wage and pension freezes and tax hikes have bitten deep in a country where living standards are less than half the EU average and tens of thousands of Bulgarians have rallied in protests that have turned violent, chanting "Mafia" and "Resign".
On Tuesday, 11 people were hospitalized - including one man bleeding heavily from the head - and 11 arrested after protesters threw flares at police, who fought demonstrators with shields and truncheons.
"I will not participate in a government under which police are beating people," Borisov, who began his career guarding the Black Sea state’s communist dictator Todor Zhivkov, said as he announced his resignation on Wednesday.
Parliament is expected to accept the resignation later in the day.
The spark for the protests was high electricity bills, after the government raised prices by 13 percent last July. But it quickly spilled over into wider frustration with Borisov’s domineering manner and unpredictable decision making.
The prime minister made sacrifices in an attempt to cling on, sacking his finance minister, cutting power prices and risking a diplomatic row with the Czech Republic by punishing foreign-owned companies, a move that conflicted with EU norms on protection of investors and due process.
New York State Wants To Heavily Regulate Bitcoin Trading 2014 07 21 The proposal would establish a mandatory “BitLicense” for any company involved with the buying, selling, mining or trading of cryptocurrencies.
In a move that has upset many in the bitcoin community, New York has become the first state to issue guidelines for the regulation of the trade and storage of bitcoins and other virtual currencies. With New York City being ...
Government agents ’directly involved’ in most high-profile US terror plots 2014 07 21
Nearly all of the highest-profile domestic terrorism plots in the United States since 9/11 featured the "direct involvement" of government agents or informants, a new report says.
Some of the controversial "sting" operations "were proposed or led by informants", bordering on entrapment by law enforcement. Yet the courtroom obstacles to proving entrapment are significant, one of the reasons the stings persist.
MH17: Are Pristine and Expired Passports a Smoking Gun for a False Flag? 2014 07 21
As the dust settles on this latest air tragedy, a number of very visible anomalies exist, all of which have been willingly glossed over by western media analyists and government officials.
Putting the current media storm into context, it’s essential to establish the political motives of those parties rushing to assign blame. Western government and major western media outlets, namely ...