Bulgarian President Rosen Plevenliev on Thursday urged the parties in parliament to agree to form a new government in the wake of Prime Minister Boyko Borisov's resignation. "Bulgaria needs functioning institutions," he said in a televised address to the nation. Borisov, 53, tendered the resignation of his cabinet on Wednesday following violent protests over his government's austerity policies. Lawmakers in parliament voted in favour of the resignation 209-5 on Thursday, dpa reported. Shortly after the vote, Plevenliev said that he plans to open talks with all parliamentary parties on Friday to discuss a possible new cabinet and avoid dissolving the parliament.