Bulgaria's two largest political parties, the centre-right GERB and a pro-Western bloc led by "We continue to change", agreed on Monday to form a coalition government with a rotating prime minister in a bid to end more than two years of policy deadlock.
The uncertainty forced EU-member Bulgaria to delay its target date for adopting the euro and it has yet to approve a budget bill for 2023. It also hampered Bulgaria's ability to harness EU post-pandemic recovery funds.
