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Bulgaria election amid Black Sea attacks

Financial Times Companies •
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Bulgarian voters head to polls Sunday for a presidential runoff that could shift the country’s pro‑Moscow stance as Russia‑Ukraine fighting spills into the Black Sea, hitting vessels off Bulgaria’s coast. Pro‑Kremlin candidate Iliana Yotova, a former journalist and MEP who calls for dialogue with Vladimir Putin, faces liberal challenger Andrey Gyurov, a former central banker. The race is tight after a first round where Gyurov trailed Yotova by just 42,000 votes.

Yotova, who became interim president after Rumen Radev resigned to become prime minister, says Bulgaria must act as a “diplomatic channel” and bring Russia back to negotiations, while Gyurov warns of growing insecurity and urges cooperation with allies. Radev, whose policies have moved Sofia away from NATO arms supplies to Ukraine and toward resisting sanctions, has warned “the era of the Crusades is over”. Recent drone attacks have sunk several ships near the Bulgarian and Romanian shores, killing dozens and raising fears of escalation.

The small nation of 6.5 million has endured years of political turmoil and strong Russian influence. Analysts like Ruslan Stefanov of the Centre for the Study of Democracy caution that even a symbolic presidency may not drag Bulgaria far from the West, though it could become a nuisance similar to Hungary under Viktor Orbán. The outcome will test whether Bulgaria deepens its alignment with Moscow or reinforces its NATO and EU commitments amid mounting Black Sea tensions.

Source: Financial Times Companies · Summarized by HeadlinesBriefing