Europe

Bulgaria premier resigns after party loses presidential vote

  • Bulgarian Prime Minister Boiko Borisov announces his resignation, during a press conference in Sofia, Sunday, Nov. 13, 2016. Borisov announced his resignation after exit polls showed his party losing badly in Sunday's runoff presidential election. (AP Photo/Valentina Petrova)

    Bulgarian Prime Minister Boiko Borisov announces his resignation, during a press conference in Sofia, Sunday, Nov. 13, 2016. Borisov announced his resignation after exit polls showed his party losing badly in Sunday's runoff presidential election. (AP Photo/Valentina Petrova)  (The Associated Press)

  • Bulgarian Socialists Party candidate Rumen Radev gestures with an apple during a press conference after presidential elections in Sofia, Bulgaria, Sunday, Nov. 13, 2016. Surveys by several polling organizations showed Gen. Rumen Radev, 53, a former non-partisan chief of Bulgarian Air Force, taking about 58 percent of the vote. (AP Photo/Darko Vojinovic)

    Bulgarian Socialists Party candidate Rumen Radev gestures with an apple during a press conference after presidential elections in Sofia, Bulgaria, Sunday, Nov. 13, 2016. Surveys by several polling organizations showed Gen. Rumen Radev, 53, a former non-partisan chief of Bulgarian Air Force, taking about 58 percent of the vote. (AP Photo/Darko Vojinovic)  (The Associated Press)

Bulgaria's prime minister has handed in his resignation in parliament after results showed his party losing badly in the presidential runoff, opening the way for an early parliamentary election.

Boiko Borisov's move Monday come after official results in Bulgaria show Socialist-backed candidate Rumen Radev, a former non-partisan air force chief, winning the presidential election.

The Central Election Commission said Monday that with 99.3 percent of the ballots counted, Radev won 59.4 percent of the vote, compared with 36.2 percent for the candidate of the ruling center-right party, Tsetska Tsacheva.

Radev, who will take office for a five-year term on Jan. 22, will face a possible rise in migrants from neighboring Turkey and growing tensions between Russia and the West.