Experts Warn: Euro Adoption in Bulgaria Will Hit the Wallets
Experts confirm that Bulgaria’s accession to the eurozone on January 1, 2026, remains on track, despite the recent government resignation
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"I shouldn't have to bend over to the Eurozone waiting room. You see how much money they are allocating. Bulgaria has an excellent financial and economic structure and has to meet only one requirement, in order to join ERM2 and we will do it immediately - we will apply for the Eurozone again. The current crisis showed that the countries part of the ERM2 and the Eurozone will receive millions of Euros while the rest will borrow loans. We will apply for the Eurozone by the end of April. I am sure we will be accepted. " This was stated by Prime Minister Boyko Borissov after a visit to a sewing shop in Haskovo, which produces protective masks.
The Prime Minister was briefed on the production process by the Bulgarian company whose products have been approved by the European Union.
"I came to thank the people because this is the company that offers the best quality. The company didn't cut workers, it even raised their salaries, a big market is opening up for them. We are transforming the economy," Borissov explained.
Bozhidar Bozhanov, deputy chair of the "We Continue the Change-Democratic Bulgaria" (WCC-DB) parliamentary group and co-chair of "Yes, Bulgaria", announced that early next week his coalition will submit proposed amendments to the Electoral Code
Bulgaria’s Ministry of Foreign Affairs has issued a strong condemnation following the deadly attack on members of the Jewish community in Sydney during Hanukkah celebrations
Atanas Pekanov, former Deputy Prime Minister responsible for managing European Funds in several caretaker governments, has commented on the challenges facing Bulgaria’s next caretaker cabinet
President Rumen Radev will start the constitutionally required consultations for forming a new government in Bulgaria on Monday, December 15
“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.
Following the resignation of the Zhelyazkov government, attention now shifts back to the presidency, where the next steps of the constitutional process will unfold
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