Sergei Stanishev, leader of the socialist party, stated he would attempt to form a governing coalition.

"We won the confidence of the people ... We are ready to form a government ... and we will negotiate with any democratic party," Stanishev said in a press conference.

In the previous five elections held since 1989, no government has been re-elected—each has had to implement stringent economic and social reforms, since the fall of communism, and lost popular support as a result.

As no one party received a majority in the Assembly the Socialists were faced with the task of putting together a coalition government.

As per the constitution the mandate to form a government was passed to the next largest political party, NDSV.