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Bulgarian government resigns amid protests over high electricity costs Bulgarian government resigns amid protests over high electricity costs
(about 1 hour later)
Bulgaria's government has resigned following nationwide protests against high electricity prices and austerity measures. Bulgaria's government has resigned from office on Wednesday/yesterday after nationwide protests against high electricity prices and austerity measures.
The prime minister, Boiko Borisov, had tried to calm protests by sacking his finance minister, pledging to cut power prices and punish foreign-owned companies but the moves failed to defuse discontent and demonstrations continued on Tuesday. The prime minister, Boiko Borisov, had tried to calm protests by sacking his finance minister and pledging to cut power prices and punish foreign-owned companies, but the moves failed to defuse discontent, and demonstrations continued on Tuesday.
Many Bulgarians are deeply unhappy about high energy costs, power monopolies, low living standards and corruption in the European Union's poorest country. Twenty-five people were taken to hospital after protesters clashed with police late on Tuesday.Many Bulgarians are deeply unhappy about high energy costs, power monopolies, low living standards and corruption in the European Union's poorest country. Twenty-five people were taken to hospital after protesters clashed with police late on Tuesday.
"I will not participate in a government under which police are beating people," Borisov said as he announced his resignation on Wednesday. "I will not participate in a government under which police are beating people," Borisov said as he announced his resignation.
He did not say if a parliamentary election scheduled for July would now be brought forward. He did not say whether a parliamentary election scheduled for July would now be brought forward.
Borisov has said the electricity distribution licence of central Europe's largest listed company, Czech-based CEZ will be revoked, setting Bulgaria on a collision course with the Czech Republic.Borisov has said the electricity distribution licence of central Europe's largest listed company, Czech-based CEZ will be revoked, setting Bulgaria on a collision course with the Czech Republic.