NDSV

Foundation and government

NDSV was founded in April 2001, only 11 weeks ahead of a parliamentary election, after former Tsar Simeon II had announced his intention to become involved in the political life of Bulgaria. He promised to attract foreign investors, reduce taxes and uproot corruption within the first 800 days of his premiership. The movement met with immediate enthusiasm and won 42.7% of the popular vote and 120 out of 240 seats in the 2001 elections. One seat short of an absolute majority, it formed a coalition with the ethnic minority party Movement for Rights and Freedoms with Simeon Sakskoburggotski (his official name in Bulgarian since the end of monarchy) becoming prime minister. NDSV's popularity decreased markedly when Simeon failed to fulfill his promises within the specified time. However, it was during Simeon's term that Bulgaria entered NATO and prepared the economic and political stability that was prerequisite for the country becoming a member of the European Union in 2007. The NDSV party became a full member of the Liberal International at its Sofia Congress in May 2005.