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On May 12, 2025, President Rumen Radev submitted a proposal to the 51st National Assembly of Bulgaria to hold a national referendum with the question:
“Do you agree that Bulgaria should adopt the single European currency—the euro—in 2026?”
In the accompanying statement, the President emphasized that, despite Bulgaria’s commitment under the EU accession treaty to adopt the euro, there is no specific deadline set for the transition. He pointed out the lack of national consensus on the issue and cited widespread public reservations, a lack of public debate, and insufficient institutional readiness.
Radev stressed that such a strategic decision should reflect the will of the people and be based on informed national consensus, not imposed by institutions with low public trust. He argued that the referendum would be a test of democratic principles, help restore public dialogue, and boost legitimacy in the decision-making process.
He concluded that allowing citizens to decide on such a vital economic and sovereign matter would strengthen Bulgaria’s democracy—regardless of the outcome.
President Rumen Radev will begin consultations with parliamentary groups in the 51st National Assembly on December 10, according to the press office of the President.
The first session of the new parliament will resume today at 11 AM, announced the oldest member of parliament, Silvi Kirilov from "There Is Such a People," in the plenary hall.
With 88% of protocols processed, preliminary data indicates that nine parties and coalitions will enter Bulgaria's 51st National Assembly.
Preliminary results from the parallel vote count by Gallup International, conducted and funded by NOVA, reveal the following outcomes in Bulgaria's parliamentary elections:
See Which Parties Are Projected to Enter Bulgaria's Next Parliament
Borderless Bulgaria: How Schengen Benefits Are Transforming Trade and Logistics
Bulgaria's Mortality Rate Remains Highest in Europe
