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Rumen Radev Named Bulgarian Prime Minister, Presents Cabinet

EU funding worth nearly €400 million depends on swift fixes to the budget, courts, corruption.

Overview

  • Rumen Radev was named prime minister after last month’s election win and he presented a cabinet that now awaits parliamentary confirmation.
  • He vowed to fight graft and dismantle what he calls an “oligarchic model” in a country ranked with Hungary as the EU’s most corrupt.
  • His first tasks include drafting a 2026 budget, tackling inflation that reached 7.1% in April, and restarting a paralysed judicial system.
  • Brussels has tied nearly €400 million in EU money to concrete anti-corruption steps and other rule-of-law changes.
  • His Progressive Bulgaria bloc holds the first single-party majority since 1997 with 131 of 240 seats after years of short-lived governments.