Bulgaria and the Euro: What Happens to National Monetary Sovereignty?
One of the most debated topics around Bulgaria’s upcoming transition from the lev to the euro is whether the country is giving up its sovereignty
The planned Rila highway, stretching from the Gueshevo border crossing between Bulgaria and North Macedonia to Dupnitsa, is projected to cost around 1.5 billion euros. This was highlighted during a working meeting held by the governor of the Kyustendil region, which brought together experts, MPs, and local mayors from municipalities along the proposed route.
The idea for the Rila highway dates back to 1978. Once completed, it will link up with the Struma highway near Dupnitsa and further connect to the Trakia and Hemus highways near Ihtiman, enhancing Bulgaria’s transportation network.
Despite its strategic and defense importance to Bulgaria’s international partners, construction on the Rila highway will not commence in 2026, officials said during the meeting at the regional government.
MP Kiril Dobrev, who chairs the parliamentary Transport Committee, stressed that the realization of Corridor No. 8 hinges on North Macedonia’s accession to the European Union, similar to its membership in NATO. He emphasized that all international conditions and existing agreements must be fully respected for the project to move forward.
President Rumen Radev has criticized the government's handling of rising prices, declaring that the state appears powerless in the face of inflation
At a banking awards ceremony, Prime Minister Rosen Zhelyazkov called on retailers and service providers to avoid speculative pricing
Bulgarian military personnel took part in NATO's "Coalition Warrior Interoperability Exercise" (CWIX) 2025, held from June 2 to 20 in Bydgoszcz, Poland
The head of the National Revenue Agency (NRA), Rumen Spetsov, addressed concerns about inflation, stressing that the data he shared regarding price increases of between 5% and 40% on certain products over a two-week period were preliminary and not yet ful
Prime Minister Rosen Zhelyazkov emphasized that joining the Eurozone represents a significant honor for Bulgaria during the opening of the National Discussion
GERB leader Boyko Borissov declared Bulgaria’s readiness to play an active role in Ukraine’s reconstruction efforts
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