Bulgarian President to Head New Political Formation

Bulgarian President to Head New Political Formation

Bulgarian President Georgi Parvanov is to announce the birth of a new political movement on November 11th, reports say.

According to an article of Bulgarian news site Mediapool, Bulgaria's current President and former BSP (Bulgarian Socialist Party) leader Georgi Parvanov is soon going to start his own political project.

Information about the President's alleged ambitions to head a new political party has circulated the media for some two years now. Parvanov has, however, generally denied that on several occasions.

Now, a year before his second term is over, according to the report, Parvanov seems to be on the way to once again declare himself to be an alternative of the current Citizens for European Development of Bulgaria (GERB) government- this time, eventually, as the leader of a new movement.

The alleged new party is probably going to start out as a civic project, evolving later into a political formation, thus having a similar development as another popular Bulgarian politician's formation - current Prime Minister Boyko Borisov's center-right GERB.

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