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Bulgarian PM Steps Down

  • VOA News

Bulgarian Prime Minister Boiko Borisov speaks in the Parliament in Sofia, February 20, 2013.

Bulgarian Prime Minister Boiko Borisov speaks in the Parliament in Sofia, February 20, 2013.

Bulgaria's prime minister Boiko Borisov has announced his resignation, after days of protests against high electricity prices.

Borisov said Wednesday that he is giving the power back to the people, and added that he will not participate in an interim government. He did not say whether his resignation will affect the date of elections currently scheduled for July.

Borisov had tried to contain Bulgarians' frustration over high energy costs earlier this week by firing his finance minister and pledging to crack down on foreign utility firms. But that did not stop the protests.

Reports say some 25 people were arrested in clashes with the police in the capital, Sofia, over the past two days.

Bulgaria is the poorest EU member state.
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