<p>SOFIA, Bulgaria &mdash; Bulgaria is likely to hold another election on July 11 after the largest three parties in parliament gave up on attempts to form a coalition government.</p>
<p>President Rumen Radev said Wednesday that he expects a new electoral commission to be appointed by May 11, when he would dissolve parliament, appoint a caretaker government and call a new election.</p>
<p>A general election in April produced a fragmented parliament, an expression of widespread desire for change after months of protests against three-time Prime Minister Boyko Borissov and his center-right GERB party. The political groups that emerged from the protests, however, failed to cobble together a working majority. </p>
<p>The latest opinion polls suggest the July election could have a similar outcome, which would add to the woes of the European Union’s poorest member country.</p>
<p>Political analysts have said that political instability could hinder Bulgaria’s ability to effectively tap the EU’s coronavirus recovery fund and disrupt its path toward adopting the euro currency in 2024.</p>