S&P: Bulgaria on Track to Join Eurozone in 2026 Despite Governance Shortcomings
Despite lingering issues with corruption, public procurement oversight, and energy market liberalization, Bulgaria is still expected to join the eurozone next year
The trial against former Prime Minister and "We Continue the Change" co-leader Kiril Petkov will officially begin on June 10, with the hearing of witnesses. The initial procedural session took place today.
Petkov is accused of having ordered the 2022 arrests of GERB leader Boyko Borissov, former Finance Minister Vladislav Goranov, and PR adviser Sevdelina Arnaudova while serving as prime minister. His lawyer, Daniela Dokovska, asked the court to return the case to the prosecution due to serious procedural errors, but the court denied the request, allowing the proceedings to move forward.
Prosecutor Angel Kanev, who is handling the case, said he aims to demonstrate that Petkov abused his powers, and will use witness testimonies and video recordings as evidence. Kanev also confirmed that Borissov has not yet been questioned, but likely will be during the trial. In response to why only Petkov is facing charges, the prosecutor said a separate case involving the police officers responsible for the arrests is being handled by the Sofia District Prosecutor's Office, though its status remains unclear. He added there is no evidence that then-Interior Minister Boyko Rashkov issued direct orders for the detentions.
Kiril Petkov maintains he is not guilty but refrained from commenting in detail about the charges, citing a lack of trust in the prosecution and expressing confidence in the court. He stated that Bulgarian politicians fall into two categories: those who fear the court and those who do not. According to Petkov, fear of the judiciary implies external dependency, while fearlessness signals independence.
Prime Minister Rosen Zhelyazkov made a notable visit to the Vatican ahead of Bulgaria’s May 24 celebrations
Bulgarian MP Stanislav Balabanov from the “There Is Such a People” (TISP) party raised concerns on Thursday about an upcoming report in the European Parliament
Elisaveta Belobradova, a member of parliament from "We Continue the Change-Democratic Bulgaria" (WCC-DB), released the full content of her written inquiry to the Ministry of Education and Science (MES)
In April 2025, a serious cybersecurity breach targeted Bulgaria’s Permanent Representation to NATO, according to Ivaylo Mirchev, an MP from the “We Continue the Change–Democratic Bulgaria” coalition
The Russian Foreign Ministry has launched a sharp attack against Bulgarian institutions, accusing them of launching a targeted campaign against Russian language teachers
GERB leader Boyko Borissov has revealed that during his recent visit to Istanbul, he raised the issue of the gas transmission contract with Turkish President Recep Tayyip Erdogan
Google Street View Cars Return to Bulgaria for Major Mapping Update
Housing Prices Soar in Bulgaria’s Major Cities as Demand and Supply Strain Increase