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Bulgaria's GERB party seen winning national election

Europe Materials 2 October 2022 21:27 (UTC +04:00)
Bulgaria's GERB party seen winning national election

The GERB party of ex-Prime Minister Boyko Borissov looked set to win Sunday's election in Bulgaria, the nation's fourth in under two years, with many voters looking for predictability from a former leader amid steep inflation and energy costs, Trend reports citing Reuters.

Exit polls by Gallup International and Alpha Research showed the centre-right GERB with 24.6%-25.5% of ballots.

GERB's main rival, the reformist We Continue the Change party, led by Kiril Petkov, whose coalition government collapsed in June, came second with 18.9-19.9% according to the exit polls.

If confirmed, the result would herald tough coalition talks ahead that could still end in a hung parliament or even another ballot.

Either would prolong policy instability and raise the prospect of Sofia missing its 2024 target date for entry into the euro zone.

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