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“Vazrazhdane” will support the government’s resignation but is simultaneously pushing for a major shift in Bulgaria’s eurozone timetable, party leader Kostadin Kostadinov announced in Parliament today.
“We will vote for the cabinet’s resignation. But today, ‘Vazrazhdane’ will submit a draft resolution obliging the Council of Ministers to request a one-year postponement of Bulgaria’s entry into the eurozone,” Kostadinov told journalists in the parliamentary corridors.
He recalled that under Article 5 of Bulgaria’s EU Accession Treaty, signed in July 2005, Bulgaria and Romania were granted a special derogation regarding eurozone adoption.
“That derogation was revoked on July 8 by a decision of the European Parliament. However, we still have the right to request an extension until 1 January 2027 due to the force majeure situation,” he explained.
Earlier today, supporters of “Vazrazhdane” protested outside GERB’s headquarters.
According to Kostadinov, the force majeure conditions stem not only from the absence of an adopted state budget, but also from the ongoing inability to form a stable government.
“We cannot enter the eurozone in the middle of such instability,” he said.
Asked about the most reasonable timing for the upcoming snap elections, Kostadinov pointed to the end of March.
“In my view, the upper limit is early April. Easter falls on 12 April, and the previous Sunday—5 April—is Palm Sunday. Elections cannot be held then. So the best moment is late March, but it depends on how the President handles the mandate procedure,” he concluded.
Bulgaria is approaching a period of political uncertainty as early elections are set to take place, with the main questions now focused on the exact dates for voting and who will serve as the acting prime minister.
The Parliamentary Committee on Constitutional and Legal Affairs has approved, at second reading, a provision allowing up to 20 polling stations to be opened outside Bulgarian diplomatic and consular missions in countries outside the European Union
Bulgarian diplomat Nickolay Mladenov has been appointed High Representative for Gaza. In this role, he will act as the key on-the-ground link between the Peace Council and the National Committee for the Governance of Gaza (NCAG), coordinating civilian and
The U.S. Department of Homeland Security (DHS) today concluded a five-day Cyber Incident Investigations and Response Training (CIIRT) workshop for Bulgaria’s law enforcement and judicial officials in Sofia
The European Commission has given the green light to the national defense plans of eight EU member states, including Bulgaria, marking a key step in Europe’s ongoing effort to boost collective security
Political reactions continued after it became clear that the country is heading toward another early parliamentary election, with parties in the National Assembly outlining their expectations and proposed timelines for the vote.
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