Bulgaria's Socialist Party Breaks Ranks with Radev, Rejects Euro Referendum - Novinite.com - Sofia News Agency

Bulgaria's Socialist Party Breaks Ranks with Radev, Rejects Euro Referendum - Novinite.com - Sofia News Agency

The Bulgarian Socialist Party (BSP), the political faction that initially backed Rumen Radev for president, has now declared its opposition to his proposal for a referendum on Bulgaria's entry into the eurozone. This stance was outlined in a joint position by the BSP Executive Bureau and the Coalition Council of BSP-United Left. According to the BSP-United Left statement, a decision by the National Assembly to hold a referendum on joining the eu…

Bulgaria’s president to submit request to call eurozone referendum

Some economists claim that the country lacks an acceptable degree of economic condition to join the eurozone and it's not yet ready to adopt the single currency.

The President of Bulgaria proposed the holding of a referendum on the question: "Do you agree that Bulgaria should adopt the single European currency "euro" in 2026?"

Bulgarian president proposes referendum on euro adoption

Bulgarian President Rumen Radev said on Friday that he is submitting to parliament a proposal to hold a national referendum on whether Bulgarians agree that their country should adopt the single European currency euro in 2026, reported Xinhua. "As a full member of the European Union, Bulgaria is facing a strategic decision: the adoption of the single European currency," Radev said in an address to the public and the National Assembly. According …

President Rumen Radev's legal secretary, Krum Zarkov, announced on Facebook that he will submit a request to be dismissed from his position on Monday. The reason is Radev's decision announced on Friday evening to submit proposals to parliament for a national referendum asking citizens whether they agree to introduce the euro as the national currency from January 1, 2026.

Head of State Rumen Radev made an extraordinary address to the people and the National Assembly, in which he called for a national referendum on the introduction of...