Leader of Bulgaria's ruling Socialist party to step down


  • World
  • Sunday, 06 Jul 2014

Sergei Stanishev, leader of the Bulgarian Socialist Party walks before a news conference in the parliament in Sofia June 6, 2014. REUTERS/Stoyan Nenov

SOFIA (Reuters) - The leader of Bulgaria's ruling Socialists (BSP), Sergei Stanishev, announced on Saturday his intention to resign as party leader after a poor showing in May's European elections.

The Socialists have bowed to pressure from their coalition partner, the ethnic Turkish MRF party, and the main opposition GERB party to hold an early election on Oct. 5 after gaining less than a fifth of the vote at the European poll.

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