Summary


Bulgarian Minister of Foreign affairs and EU Commissioner-Designate Rumiana Jeleva offered her resignation as we predicted in earlier Flash reports. Her failure to present satisfactory before the EP will provoke the political opposition to strongly criticize her and her cabinet colleagues as she will return as minister of Foreign Affairs of Bulgaria. Her replacement as Bulgarian EU Commissioner-Designate is Christalina Georgieva, Director, Sustainable Development, World Bank, USA. The “Barroso II” Commision is safe for now.


Background


Bulgarian Minister of Foreign affairs and EU Commissioner-Designate Rumiana Jeleva offered her resignation today as we predicted in earlier Flash reports. The decision was taken under serious pressure from MEPs of PES and ALDE after she presented herself poorly at the hearing in the European Parliament last week. Jeleva will return to the position of Minister of Foreign affairs despite the fact that her incompetence was made public through the EP hearing. The new Bulgarian Commissioner-Designate is Christalina Georgieva, Director, Sustainable Development, World Bank, USA. She was on several occasions mentioned as possible cabinet member last year during the talks of forming the new government of Bulgaria. She was appointed for a vice-president of the World Bank by Robert Zoellick himself. Her reputation of a highly qualified and professional financial expert led to the speculations and rumors last year that she was to head the Ministry of Finance or the Ministry of Economy, energy and tourism.


Analysis and Consequence

  • PM Boiko Borisov`s decision for the new nominee broke the deadlock which threatened the integrity of the European “Barroso II” Commision. The only serious critics so far against the new Bulgarian government were of incompetence of the members of the new cabinet. The latest scandal with Rumiana Jeleva was just the proof the political opposition needed to support its accusations. Unfortunately Borisov was unable to react on time and left the rumor spread for a week before offering the new Commissioner-Designate. Gladly Georgieva`s nominee is much more substantial and hopefully she will perform much better at the new hearing in the EP.