Bulgarian New Democracy
Encyclopedia
Bulgarian New Democracy is a political faction
Political faction
A political faction is a grouping of individuals, such as a political party, a trade union, or other group with a political purpose. A faction or political party may include fragmented sub-factions, “parties within a party," which may be referred to as power blocs, or voting blocs. The individuals...

 in the Bulgaria
Bulgaria
Bulgaria , officially the Republic of Bulgaria , is a parliamentary democracy within a unitary constitutional republic in Southeast Europe. The country borders Romania to the north, Serbia and Macedonia to the west, Greece and Turkey to the south, as well as the Black Sea to the east...

n National Assembly
National Assembly of Bulgaria
The National Assembly of Bulgaria is the unicameral parliament and body of the legislative of the Republic of Bulgaria.The National Assembly of Bulgaria was established in 1879 with the Constitution of Bulgaria.-Ordinary National Assembly:...

 formed on 2007-12-05 by fourteen dissenters of the National Movement for Stability and Progress who claim that their former party has lost its liberal roots. The faction may grow to about twenty MPs, but it is not expected to threaten the ruling government's majority. The leader of the faction is Borislav Ralchev.

The faction did not immediately decide whether it will found its own party or whether it will join an existing party — most likely the Citizens for European Development of Bulgaria
Citizens for European Development of Bulgaria
Citizens for European Development of Bulgaria , abbreviated GERB , is a Bulgarian centre-right political party established on March 13 2006. It has been Bulgaria's ruling party since 2009....

 —, but it announced that the voters would have the final word on that before the next elections
Bulgarian parliamentary election, 2009
Parliamentary elections were held in Bulgaria on 5 July 2009. The decisive winner of the elections was Citizens for European Development of Bulgaria party, led by Sofia mayor Boyko Borisov...

 are held in 2009. In the end, the party was formally established as a separate party on 11 May 2008, positioning itself in the centre-right and hoping to establish alliances with other centre-right parties.

Before the official announcement of the faction's foundation, European Liberal Initiative had been mentioned as a possible name.

In January 2008, BND suggested it may ally with the United Democratic Forces
United Democratic Forces
The United Democratic Forces were a center-right electoral alliance in Bulgaria, led by the Union of Democratic Forces.-Members of the coalition:1997 *Union of Democratic Forces...

to form a new, right-wing movement.
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