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Reuters
Reuters
Politics
Tsvetelia Tsolova

Harvard-educated Petkov elected as Bulgaria's prime minister

Bulgaria's newly-elected Prime Minister Kiril Petkov shakes hands with outgoing interim Prime Minister Stefan Yanev during a handover ceremony in Sofia, Bulgaria, December 13, 2021. REUTERS/Spasiyana Sergieva

Bulgarian lawmakers on Monday voted in Kiril Petkov, a Harvard-educated entrepreneur, as prime minister and approved the lineup of his broad coalition government, ending months of political deadlock in the European Union's poorest member state.

Petkov, 41, whose new centrist faction We Continue The Change (PP) won Bulgaria's third national election this year in November, secured a clear majority of 134 votes in the 240-member parliament to take over the reins of the Balkan country.

Bulgaria's Prime Minister Kiril Petkov gestures as he walks towards the government building after being elected, in Sofia, Bulgaria, December 13, 2021. REUTERS/Spasiyana Sergieva

He will lead an unprecedented ruling coalition with the leftist Socialists, anti-establishment ITN party and the centre-right Democratic Bulgaria, united under the motto "zero tolerance to corruption", for a four-year term.

"I will insist that corruption from the lowest to the highest level be exposed," Petkov told the chamber prior to his election, appealing to all lawmakers to support legal changes needed to overhaul the judiciary.

The new government takes over following eight months of political impasse and two interim administrations after anger against high-level graft ended the decade-long rule of former centre-right premier Boyko Borissov.

Wearing a black face mask, Petkov shook hands with his closest allies as he received a standing ovation from the ruling coalition's lawmakers upon his election.

ENERGY COSTS AND VACCINATIONS

Petkov will navigate a four-party alliance of Borissov's political foes with a vow to clean up public life, speed growth to over 5% a year and catch up faster with richer Western peers.

His cabinet will have to steer Bulgaria through challenges ranging from high energy costs and low COVID vaccination rates to preparing the economy for euro zone entry in 2024.

"My first task will be to keep the electricity costs for consumers at bay and boost the level of vaccinations at least to the average level in the EU," Petkov told reporters.

Households have been shielded from a surge in global energy prices so far due to regulated prices. The prices however are set to rise from January 1.

Petkov said he plans to keep coronavirus vaccine takeup voluntary, but will launch an information campaign to convince sceptical Bulgarians to get inoculated. Only 26% of adults are fully vaccinated, compared to an average 70% in the EU.

He pledged to deepen Bulgaria's integration into the EU and NATO alliance and intensify talks with neighbouring North Macedonia to solve a historic dispute that has prompted Sofia to block the start of EU accession talks with Skopje.

(Reporting by Tsvetelia Tsolova; Editing by Gareth Jones, Andrew Cawthorne, William Maclean)

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