Austerity Kills Bulgarian Government

 

“SOFIA, Bulgaria—The European economic crisis felled its latest political victim on Wednesday as Bulgaria’s government resigned from office after days of nationwide protests against austerity, high electricity prices and official corruption.

“We have dignity and honor. It is the people who put us in power and we give it back to them today,” Prime Minister Boyko Borisov told parliament in an announcement that shocked Bulgarians even after days of swelling protests.

Mr. Borisov said the threat of protests turning violent spurred his decision. “I cannot stand looking at a bloody Eagles’ Bridge,” he said, referring to the iconic intersection in downtown Sofia that was the scene of clashes between police and protesters on Tuesday. “Every drop of blood is a shame for us.” …”

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