Bulgaria Appoints Andrey Gyurov As Interim Prime Minister

Bulgarian President Iliana Yotova has appointed central bank deputy governor Andrey Gyurov as interim prime minister to steer the country towards national elections scheduled for April 19. The move comes amid prolonged political instability in the European Union and NATO member state, which is set to hold its eighth election in five years.

The caretaker government will be tasked primarily with organising a free and fair vote in a deeply fragmented political landscape.

Caretaker Government Ahead Of April Polls

President Yotova announced that Gyurov will propose his cabinet within seven days. Following presidential approval, the formal election date will be confirmed. The appointment is aimed at stabilising governance after repeated failures to form a durable coalition in parliament.

Bulgaria has experienced recurring elections and short-lived governments, leading to public frustration and declining trust in institutions.

Profile Of Andrey Gyurov

Andrey Gyurov, 50, currently serves as deputy governor of the Bulgarian National Bank. He holds a bachelor’s degree in economics from Truman State University in the United States and a Ph.D. from the University of Vienna in Austria.

Before joining the central bank in 2023, Gyurov was a lawmaker and parliamentary floor leader for the reformist “We Continue the Change” party. His background in finance and academia is seen as a stabilising factor amid economic transition.

Political Crisis And Street Protests

The appointment follows nationwide protests in late 2025, triggered by allegations of corruption, injustice and oligarchic influence. The demonstrations forced the resignation of the coalition government led by the centre-right GERB party. Subsequent attempts to form a new administration failed due to deep divisions within parliament.

Important Facts for Exams

• Bulgaria is a member of both the European Union (EU) and NATO.
• Bulgaria adopted the euro currency in 2026.
• The parliamentary threshold in Bulgaria is 4% of the national vote.
• Repeated snap elections can indicate fragmented party systems.

Outlook For Political Stability

Analysts suggest that appointing a central bank official reflects a priority on macroeconomic stability, especially following Bulgaria’s entry into the euro zone. However, the upcoming election may again produce a fragmented parliament with no clear majority.

Observers caution that without electoral consolidation or coalition-building, Bulgaria’s prolonged political uncertainty could continue despite the interim arrangement.