# Centre-right GERB party leads in Bulgaria election -partial results Author: Pal Sinha, Barnali Author URL: https://financedigest.com/author/pal-sinha-barnali Published: 2022-10-03 Category: NEWS Category URL: https://financedigest.com/category/news Meta Title: Bulgaria's GERB party set to win election but coalition Meta Description: Partial results show centre-right GERB party leading in Bulgarian election, raising uncertainty over forming coalition gov. Amid political instability and URL: https://financedigest.com/centre-right-gerb-party-leads-in-bulgaria-election-partial-resultshtml ![undefined](https://prod.superblogcdn.com/site_cuid_cm5qst7v3003gwirgwqtxn8i8/images/2022-10-03t043009z1lynxmpei9205prtroptp4bulgaria-election-1736815106856-compressed.jpg) SOFIA (Reuters) -Bulgaria’s centre-right GERB party of former long-serving Prime Minister Boyko Borissov is set to win Sunday’s election, the fourth in less than two years, partial results showed, but its chances of forming a coalition government remain unclear. With 99% of the ballots counted, partial official results showed GERB winning with 25.4%. Its main rival, the reformist We Continue the Change of Kiril Petkov, whose coalition cabinet collapsed in June, came second with 20.2%. The results point to difficult [coalition talks](https://www.financedigest.com/finnish-centre-right-eyes-coalition-talks-as-defeated-marin-considers-future.html "Finnish centre-right eyes coalition talks as defeated Marin considers future") in a fractured parliament or even another snap election in the European Union member state. Either would prolong political instability amid steep surging energy and [consumer prices and war in Ukraine and raise](https://www.financedigest.com/analysis-to-raise-prices-or-not-consumer-goods-makers-weigh-bets-on-buyer-strength.html "Analysis-To raise prices or not? Consumer goods makers weigh bets on buyer strength") the prospect of Bulgaria missing its 2024 target date for entry into the single currency euro zone. Five political [parties are seen](https://www.financedigest.com/italys-right-wing-parties-seen-winning-power-exit-polls.html "Italy’s right-wing parties seen winning power – exit polls") entering the next parliament, the partial results showed. Final official results are expected on Thursday. Efforts to put together a functioning coalition are complicated by the fact that many of Borissov’s political adversaries accuse him of [allowing widespread corruption to fester during his decade-long rule that ended](https://www.financedigest.com/some-in-shanghai-allowed-out-to-shop-end-of-covid-lockdown-in-sight.html "Some in Shanghai allowed out to shop; end of COVID lockdown in sight") last year. Borissov denies the allegations. Some voters in the European [Union’s poorest member state](https://www.financedigest.com/ukraines-first-lady-to-be-guest-of-honor-at-eu-state-of-union.html "Ukraine’s first lady to be guest of honor at EU State of Union") say Borissov offers stability and has diplomatic experience required to navigate Bulgaria’s complex relationship with Russia. Borissov is yet to comment on the [election results](https://www.financedigest.com/uk-pm-sunak-election-results-show-people-want-us-to-deliver-for-them.html "UK PM Sunak: Election results show people want us to deliver for them"). Prior to the vote he [indicated he would be open](https://www.financedigest.com/open-banking-demands-foresight-but-indicates-robust-new-revenue-streamsworld-retail-banking-report-2017.html "Open banking demands foresight, but indicates robust new revenue streams:World Retail Banking Report 2017") to talks with to all political parties and appealed to his rivals to show “reason” ahead of difficult winter. We Continue the [Change party has conceded defeat and said it would stay](https://www.financedigest.com/german-regulator-stays-vigilant-as-meta-changes-vr-headset-rules.html "German regulator stays vigilant as Meta changes VR headset rules") in opposition. “We have pledged that we would not go into coalition with GERB and we will stay true to our promise,” Petkov said on Monday, adding that his party remained adamant about fighting endemic corruption. (Reporting by Tsvetelia TsolovaEditing by Shri Navaratnam and Philippa Fletcher) --- This blog is powered by Superblog. Visit https://superblog.ai to know more. ---