Bulgarian Prime Minister-designate Boyko Borisov on Thursday presented his new cabinet, local media reported, according to dpa. The new government will consist of 15 ministers, among them former senior World Bank economist Simeon Djankov who is to be the new Minister of Finance and Margarita Popova former head of a special unit investigating frauds with EU funds who was nominated as the Justice Minister. Popova's nomination was an effort of the new government to get the European Union's 711 million dollars' worth of aid which was blocked last year over persistent corruption. Bulgaria joined EU in 2007. Bulgarian president Georgi Parvanov last week gave former Sofia mayor mandate to form the new government. Borisov's GERB party won 40 percent of votes in the July 5 elections or 116 of 240 seats in the parliament and is set to run a minority government. The new Bulgarian government will have to face growing corruption and the economic crisis. Borisov's new government will be approved Monday by the parliament.
