Bulgaria property news and articles

In 1946, with Bulgaria under Communist rule, King Simeon II was forced into exile at the age of nine. When Communism collapsed across Europe in 1989, Bulgaria became a democracy and in 2001 the former king returned and became prime minister under his own political party, ‘The Movement for King Simeon II’. He set up a cabinet consisting largely of expat Bulgarians and is credited with sound financial reforms, securing Bulgaria’s entry into NATO in 2005 and into the EU in 2007.

Although no longer prime minister, the king and his party are still politically influential, and the country’s government is a fully functioning western-style democracy. The membership of NATO and EU entry provide a guarantee of political and economic security.
The current prime minister and president are from the Bulgarian Socialist Party. Along with the other main parties all are committed to NATO, the EU and a society based on western social democracy.