US EditionBulgaria’s parliament speaker blocks euro referendum request
- Nataliya Kiselova, chair of Bulgaria's National Assembly, rejected President Rumen Radev's May 12, 2025, proposal for a referendum on adopting the euro in 2026.
- She based her dismissal on the proposal’s conflict with multiple articles of Bulgaria's constitution, related EU treaties, and constitutional court rulings.
- Despite government support for euro adoption planned for January 2026, including endorsements from Prime Minister Zhelyazkov and the Bulgarian National Bank governor, public opinion remains divided amid inflation concerns seen in Croatia's 2023 euro switch.
- Kiselova argued that the proposal violates Articles 4, 5, 85, and 5 of the constitution and conflicts with EU treaties and constitutional court decisions that restrict referendums concerning international treaties.
- The rejection maintains Bulgaria’s planned eurozone accession timeline pending expected June convergence reports and July decisions by European authorities, while political tensions persist over referendum legitimacy and democratic representation.
28 Articles
28 Articles
Bulgarian parliament rejects president's euro referendum proposal
The speaker of the Bulgarian national assembly Nataliya Kiselova has dismissed President Rumen Radev's proposal for a national referendum on adopting the euro, saying it violated the constitution, the BTA news agency reported on Tuesday. Read more at straitstimes.com.
The Bulgarian Parliament Blocks Referendum on Euro Adoption - teleSUR English
Nevertheless, Finance Minister Petkova reaffirmed that adopting the euro remains a key priority for Bulgaria. On Tuesday, Bulgarian Parliament President Natalia Kiselova rejected as unconstitutional a proposal to hold a referendum on adopting the euro as the national currency — a plan put forward by the country’s pro-Russian head of state, President Rumen Radev. RELATED: European Markets Surge After China-U.S. Trade Talks The decision means the …
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