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July 28, 2014 AT 4:18 AM
Bulgaria's scandal-tainted Socialist Party picked a new leader on Sunday with the task of winning back disaffected voters before an early parliamentary election set for October 5 in the European Union's poorest member state. The new chairman, Mihail Mikov, was the speaker of Bulgaria's parliament during the outgoing Socialist-led coalition, which lasted barely a year before resigning after the BSP's poor performance in European Parliament elections in May.