Party "New Democracy"

(Partiya "Nova demokratsiya", PND)

The party was founded in Oct. 1995 by three MPs who left the Parliamentary Group of Bulgarian Business Bloc - Ivo Traykov, Nikolay Kisyov, and Orlin Draganov. The first congress was held in Nov. 1996. In March 1997 the party became observer member in the coalition National Salvation Union.

Chair - Mr Ivo Traykov

Deputy chairs:

Mr Nikolay Kisyov

Mr Orlin Draganov