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    1. Home
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    Finance

    Bulgaria's caretaker government takes over, pledges to secure conditions for fair elections

    Published by Global Banking & Finance Review®

    Posted on February 19, 2026

    2 min read

    Last updated: February 19, 2026

    Bulgaria's caretaker government takes over, pledges to secure conditions for fair elections - Finance news and analysis from Global Banking & Finance Review
    Tags:European Union

    Quick Summary

    On Feb 19, Andrey Gyurov’s caretaker cabinet took office, vowing to secure fair April 19 elections. It created a minister for fair elections and began budget work for 2026.

    Table of Contents

    • Caretaker Government and Election Timeline
    • Why the Previous Cabinet Resigned
    • Minister for Fair Elections Announced
    • Key Appointments and Roles
    • Election Date and Recent Cycle
    • Policy Priorities and Budget Plans
    • Eurozone Status and Political Context

    Bulgaria’s Caretaker Cabinet Takes Office, Vows Fair Election Conditions

    Caretaker Government and Election Timeline

    SOFIA, Feb 19 (Reuters) - Bulgaria's caretaker government led by Andrey Gyurov, deputy governor of the Bulgarian National Bank, took over duty on Thursday and pledged to secure conditions for fair elections on April 19.

    Why the Previous Cabinet Resigned

    The previous government resigned on December 11 following weeks of street protests over its perceived failure to tackle corruption and tax rises to support higher state spending.

    Minister for Fair Elections Announced

    Key Appointments and Roles

    Stoil Tsitselkov, a member of the Public Council of the Central Election Commission, was named minister for fair elections, the first ever such position in Bulgaria's government.

    Election Date and Recent Cycle

    After consultations with political parties, President Iliana Iotova named Gyurov as caretaker prime minister and set April 19 as the date for a parliamentary election, the eighth in five years.

    "We will accept the challenge to govern the country until the election of a regular cabinet," Gyurov told MPs.

    Policy Priorities and Budget Plans

    "Aside from fair elections, we will work on key governmental issues. We will prepare the new extended budget and the base of the 2026 budget," he said.

    Eurozone Status and Political Context

    Bulgaria, which joined the euro zone on January 1, has faced prolonged political instability, with parties unable to form stable ruling coalitions in a fragmented parliament.

    (Reporting by Alex Lefkowitz; editing by Philippa Fletcher)

    Key Takeaways

    • •Caretaker government led by Andrey Gyurov took office on Feb 19, pledging to ensure fair April 19 elections.
    • •President Iliana Iotova appointed Gyurov after party consultations amid ongoing political instability.
    • •A first-ever minister for fair elections, Stoil Tsitselkov, was named to oversee vote integrity.
    • •The cabinet will prepare an extended budget and lay groundwork for Bulgaria’s 2026 budget.
    • •Bulgaria recently joined the eurozone and faces its eighth parliamentary election in five years.

    Frequently Asked Questions about Bulgaria's caretaker government takes over, pledges to secure conditions for fair elections

    1What is the main topic?

    Bulgaria’s new caretaker government, led by Andrey Gyurov, has taken office and pledged to secure conditions for fair parliamentary elections on April 19.

    2Who appointed the caretaker prime minister?

    President Iliana Iotova appointed Andrey Gyurov as caretaker prime minister after consultations with political parties.

    3What new role was created to ensure fair elections?

    Stoil Tsitselkov was named the first minister for fair elections, tasked with safeguarding vote integrity.

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