On the threshold of democracy
Following 10 November 1989, when under the pressure of both domestic and international developments Todor Zhivkov, Bulgaria's long-time Communist Party leader, was forced to resign, Bulgaria stepped on the road to democracy again. Nowadays, it is a pluralistic, multi-party state and a parliamentary republic.
3 January 1990 - 14 May 1990 - a Round Table was held to negotiate the positions of the BCP leadership and the representatives of the newly born opposition.
The rights and property of the old parties in Bulgaria were restored. Ethnic Turks were entitled to all rights enjoyed by the rest of Bulgaria's citizens.
The Bulgarian public was told about Stalin's idea to create a “Macedonian nation”, and a "Dobroudjan nation" too, as well as about the Serb idea of a "Shopp nation".
10-17 June 1990 - the first free parliamentary elections were held.
12 July 1991 - the new, democratic Constitution was adopted by the Grand National Assembly.
13 October 1991 - the first free local elections were held.
Private property, taken away in the process of nationalization and collectivization, was restored.
January 1992 - the first free presidential elections took place. Zhelyu Zhelev was elected Head of State.
January 1997 - president Petar Stoyanov came into office.
1997-2001 - a UDF cabinet with Ivan Kostov at the helm was in power. The currency board was introduced. During Kostov's term of office the privatization of the Bulgarian economy was more or less completed.
In 2001 the party led by Simeon II came to power. Simeon Sax Coburg-Gotha became Prime-Minister. Since the 2005 general election, this country has had a coalition government formed by the Bulgarian Socialist Party, the Simeon II National Movement and the Movement for Rights and Freedoms with Sergei Stanishev as prime-minister.
January 2002 - President Georgi Parvanov swore in.
October 2006 - Parvanov is re-elected.
Bulgaria is now a country of functioning market economy. It is already a member of NATO and the European Union.
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