Bulgaria's prime minister resigns with bank crisis unresolved


  • World
  • Thursday, 24 Jul 2014

SOFIA (Reuters) - Bulgaria's Prime Minister Plamen Oresharski stood down on Wednesday, leaving his successor to sort out the Balkan state's worst banking crisis since the 1990s with the fate of its fourth largest lender undecided.

Oresharski, in power for just over a year, had flagged his departure after the ruling Socialists' poor showing in May's European Parliament elections. His resignation paves the way for an interim government to take over in August and a general election in October.

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