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Bulgarian cabinet resigns amid public anger

Prime Minister Boiko Borisov of Bulgaria submitted his government’s resignation Wednesday after a tumultuous week of public anger over rising electricity prices, corruption, and austerity measures that ignited mass protests and led to bloody clashes with police on Tuesday night.

The speaker of the Parliament, Tsetska Tsacheva, said that she had received the official letter of resignation, but it would not take effect until legislators voted on it Thursday.

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The mass protests were triggered by electricity price increases and corruption scandals, including one over the nominee to head the state electricity regulatory commission, which sets rates.

Unlike governments across Europe shaken recently for implementing painful austerity measures, analysts say that Bulgaria has maintained tight fiscal discipline since a security board was established in 1997.

The global economic crisis has resulted in unemployment and lower income for many Bulgarians, while the cost of living has been going up, according to Daniel Smilov, an analyst at the Centre for Liberal Strategies in Sofia.

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