Bulgaria Nears Completion of Leva Withdrawal as 81% Taken Out of Circulation
As of February 6, 2026, Bulgaria continues to make steady progress in withdrawing the national currency, the leva, from circulation.
Bulgaria is not prepared to adopt the euro, and the majority of its citizens firmly oppose joining the eurozone, said "Revival" leader Kostadin Kostadinov, speaking to reporters in parliament. According to him, what is unfolding in the country is "no longer democracy but an occupation".
Kostadinov criticized the latest convergence reports, stating that aside from the formal assessment, everything else in them was deeply problematic. "We have identified 20 major issues," he said, pointing to flaws in Bulgaria’s financial system, the capital and labor markets, widespread corruption, and dysfunction in the judiciary.
He went on to announce that on Friday, "Revival" will send letters to the heads of state and government across the European Union. These letters, he explained, will include the party’s own analysis of the convergence reports along with a detailed account of the actual conditions in Bulgaria.
Kostadinov said the goal of this outreach is to persuade European leaders to block Bulgaria’s path to the eurozone under the current circumstances, arguing that allowing entry in this state would be a mistake.
During consultations with President Iliana Yotova, "Greatness" party leader Ivelin Mihaylov emphasized the urgent challenge facing the caretaker government: halting ongoing harmful processes and initiating a positive recovery.
At a meeting held at GERB’s headquarters, party leader Boyko Borissov met with British Ambassador to Bulgaria, H.E. Nathaniel Copsey, to discuss issues of regional security, the strategic partnership between Bulgaria and the United Kingdom, and the import
Outgoing Bulgarian Defence Minister Atanas Zapryanov confirmed that the Bulgarian Army is in the process of transitioning to NATO-standard weapons, a step aimed at modernizing its arsenal.
During consultations at the presidency, President Iliana Yotova welcomed representatives of the "Morality, Unity, Honor" (MECH) party, including party leader Radostin Vassilev, MECH parliamentary group chairman Kiril Veselinski, and MPs Krasimir Manov and
During consultations with President Iliana Yotova on the appointment of a caretaker prime minister, the Alliance for Rights and Freedoms (APS) clearly expressed its position that Andrey Gyurov, the agreed deputy governor of the Bulgarian National Bank (BN
The civil association BOEC has announced the alleged discovery of a site linked to the Russian private military company Wagner near the Bulgarian village of Kladnitsa in Pernik region.
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