Oresharski
   HOME

TheInfoList



OR:

Plamen Vasilev Oresharski (, born 21 February 1960) is a Bulgarian politician who served as
Prime Minister of Bulgaria The Prime Minister of Bulgaria () is the head of government of Bulgaria. They are oftentimes the leader of a political coalition in the Bulgarian parliament, known as the National Assembly In politics, a national assembly is either a unica ...
from 2013 to 2014. Affiliated with the
Bulgarian Socialist Party The Bulgarian Socialist Party (BSP), also known as The Centenarian, is a centre-left, social democratic political party in Bulgaria. The BSP is a member of the Socialist International, Party of European Socialists, and Progressive Alliance. Alt ...
, he previously served as Member of the
National Assembly In politics, a national assembly is either a unicameral legislature, the lower house of a bicameral legislature, or both houses of a bicameral legislature together. In the English language it generally means "an assembly composed of the repr ...
from 2009 to 2013,
Minister of Finance A ministry of finance is a ministry or other government agency in charge of government finance, fiscal policy, and financial regulation. It is headed by a finance minister, an executive or cabinet position . A ministry of finance's portfolio ...
from 2005 to 2009 and Deputy Minister of Finance from 1997 to 2001.


Early life and education

Oresharski was born on 21 February 1960 in
Dupnitsa Dupnitsa, or Dupnica ( (previously ), ), is a town in Western Bulgaria. It is at the foot of the highest mountains in the Balkan Peninsula – the Rila Mountains, and about south of the capital Sofia. Dupnitsa is the second largest town in Ky ...
,
Bulgaria Bulgaria, officially the Republic of Bulgaria, is a country in Southeast Europe. It is situated on the eastern portion of the Balkans directly south of the Danube river and west of the Black Sea. Bulgaria is bordered by Greece and Turkey t ...
. In addition to his native Bulgarian, he speaks
English English usually refers to: * English language * English people English may also refer to: Culture, language and peoples * ''English'', an adjective for something of, from, or related to England * ''English'', an Amish ter ...
and
Russian Russian(s) may refer to: *Russians (), an ethnic group of the East Slavic peoples, primarily living in Russia and neighboring countries *A citizen of Russia *Russian language, the most widely spoken of the Slavic languages *''The Russians'', a b ...
. In 1985, Oresharski graduated from the
University of National and World Economy The University of National and World Economy () is a public research university in Sofia Sofia is the Capital city, capital and List of cities and towns in Bulgaria, largest city of Bulgaria. It is situated in the Sofia Valley at the foot o ...
. Between 1988 and 1992, Oresharski completed a dissertation on the topic of "Investments and Investment Analysis", earning the equivalent of a doctoral degree. From 1993, Oresharski was Director of the Division for the State Treasury and Debt of the Ministry of Finance. Between 1995 and 1997, he served on the Governing Council of the
Bulgarian Stock Exchange The Bulgarian Stock Exchange (, Romanized: ''Bulgarska fondova borsa''), or BSE, is the sole licensed and operating stock exchange in Bulgaria. It was founded on 10 October 1991. The BSE is 50.5% owned by the Bulgarian government, which is ac ...
, and from 1997 to 2000 on the board of the
UniCredit Bulbank UniCredit Bulbank is the largest bank of Bulgaria. Before 1994, the bank was known as the Bulgarian Foreign Trade Bank or BFTB. UniCredit Bulbank was formed in 2007 as a merger between Bulbank, Biochim, and Hebros Bank, all of them owned by the U ...
.


Political career

When
Ivan Kostov Ivan Yordanov Kostov ( ) (born 23 December 1949) is a Bulgarian politician who served as Prime Minister of Bulgaria from 1997 to 2001. A member of the SDS party, which he led from 1994 to 2001, he was previously Minister of Finance from 1990 ...
became Prime Minister in 1997, Oresharski served under his administration as Deputy Minister of Finance, a position he held until the 2001 election, when he decided to lecture at the Higher Institute of Finances and Economics. In 2003, he was nominated by the UDF as a mayoral candidate for
Sofia Sofia is the Capital city, capital and List of cities and towns in Bulgaria, largest city of Bulgaria. It is situated in the Sofia Valley at the foot of the Vitosha mountain, in the western part of the country. The city is built west of the Is ...
. In the same year, Oresharski left the UDF and was for a while part of the BZNS-NS, DP and "Gergyovden" coalition. In 2004, he was a member of the group that was in charge of drafting the economic reports for president
Georgi Parvanov Georgi Sedefchov Parvanov (, ) (born 28 June 1957) is a Bulgarian historian and politician who was President of Bulgaria from 2002 to 2012. He was elected after defeating incumbent Petar Stoyanov in the second round of the November 2001 pres ...
.


Finance minister

Oresharski returned to politics in 2005 as Finance Minister in the
Socialist Socialism is an economic ideology, economic and political philosophy encompassing diverse Economic system, economic and social systems characterised by social ownership of the means of production, as opposed to private ownership. It describes ...
-led government of Sergei Stanishev, a position he held until
Boyko Borisov Boyko Metodiev Borisov (, born 13 June 1959) is a Bulgarian politician who served as Prime Minister of Bulgaria on three separate occasions, serving a total of 9 years between 2009 and 2021, making him the country's longest-serving post-communi ...
replaced Stanishev as Prime Minister in 2009.


MP

Oresharski was elected as an MP in the list of Bulgarian Socialist Party (
Burgas Burgas (, ), sometimes transliterated as Bourgas, is the second largest city on the Bulgarian Black Sea Coast in the region of Northern Thrace and the List of cities and towns in Bulgaria, fourth-largest city in Bulgaria after Sofia, Plovdiv, an ...
) in 2009.


Prime minister

After the May 2013 parliamentary election, which was held earlier than initially expected because of the resignation of the Borisov cabinet, the latter's right-wing party,
GERB GERB, an acronym for Citizens for European Development of Bulgaria (), is a conservative center-right populist political party which was the ruling party of Bulgaria during the periods between 2009–2013, 2014-2021, 2025-present and was suppor ...
, won a
plurality Plurality may refer to: Law and politics * Plurality decision, in a decision by a multi-member court, an opinion held by more judges than any other but not by an overall majority * Plurality (voting), when a candidate or proposition polls more ...
. However, as it did not possess a majority in parliament and failed to secure backing from another party, the mandate was instead given to the second party: the
Bulgarian Socialist Party The Bulgarian Socialist Party (BSP), also known as The Centenarian, is a centre-left, social democratic political party in Bulgaria. The BSP is a member of the Socialist International, Party of European Socialists, and Progressive Alliance. Alt ...
(BSP). In May 2013 Oresharski was given a mandate to form a cabinet for the BSP by
President President most commonly refers to: *President (corporate title) * President (education), a leader of a college or university *President (government title) President may also refer to: Arts and entertainment Film and television *'' Præsident ...
Rosen Plevneliev Rosen Asenov Plevneliev (, born 14 May 1964) is a Bulgarian politician who served as the 4th President of Bulgaria from 2012 to 2017. Affiliated with the GERB party, he previously served as Minister of Regional Development and Public Works fro ...
. Following his announcement in media of his proposed cabinet there was a strong dislike amongst some towards Oresharski and his ministers, which led to anti-Oresharski cabinet protests even before the election of such cabinet. Green protesters organized themselves on May 27 and protested on May 28. Nonetheless the cabinet was elected (with one change: Ivan Danov replaced Kalin Tiholov) and he became Prime Minister after a 120–97 vote in Parliament. Hours after the election new national protests were organized for 2 June 2013. However, national protesters reached thousands rallying on streets on 14 June after the appointment of
Delyan Peevski Delyan Slavchev Peevski (, born 27 July 1980) is a Bulgarian politician and Oligarchy, oligarch, Sanctions (law), sanctioned by the Global Magnitsky Act, by the United Kingdom, UK and the United States for corruption, bribery and embezzlement. ...
, controversial figure, media mogul and previously investigated for corruption, for a head of Bulgarian security agency (DANS). After the first day of protests against his appointment, Peevski gave his resignation, but demonstrators continued demanding the resignation of the whole cabinet. The protests, varying in size from day to day, finally ended with the resignation of the cabinet one year later. On June 30, 2014, Bulgaria's fourth biggest bank KTB went bankrupt, amid accusations that the government had intentionally withdrawn the deposits of state-owned companies the previous weeks. The bailout would eventually cost the state budget $4 billion, and would double the public debt. On August 4, 2014 Oresharski submitted the resignation of his cabinet, a little more than a year after his appointment as Prime Minister. The next day parliament voted 180-8 (8 abstained and 44 were absent) to accept the government's resignation. Oresharski on a number occasions described himself as cognizant of the need to "have his resignation in his pocket from the very beginning of his tenure as Prime Minister".


Personal life

Oresharski is married to cardiologist Elka Georgieva and they have one son, Desislav. Oresharski's hobbies include
mountaineering Mountaineering, mountain climbing, or alpinism is a set of outdoor activities that involves ascending mountains. Mountaineering-related activities include traditional outdoor climbing, skiing, and traversing via ferratas that have become mounta ...
and
badge collecting Patch collecting or badge collecting (also, scutelliphily, from Latin ''scutellus'' meaning ''little shield'', and Greek ''phileein'' meaning ''to love'') is the hobby of collecting patches or badges. Souvenir patches Souvenir patches are usuall ...
from various public events.


References


Bibliography

* , - {{DEFAULTSORT:Oresharski, Plamen 1960 births Living people People from Dupnitsa 20th-century Bulgarian economists Union of Democratic Forces (Bulgaria) politicians Bulgarian Socialist Party politicians Finance ministers of Bulgaria Prime ministers of Bulgaria University of National and World Economy alumni Karl Marx Higher Institute of Economics alumni Candidates for President of Bulgaria