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Bulgaria’s parliament speaker blocks euro referendum request

  • On May 13, 2025, Bulgarian Parliament Speaker Nataliya Kiselova dismissed President Rumen Radev's request to organize a referendum regarding the adoption of the euro in 2026.
  • Kiselova rejected the proposal, stating it conflicted with provisions of the Bulgarian constitution, multiple EU agreements, and a recent decision by the Constitutional Court, resulting in parliament opting not to debate it.
  • The government intends to introduce the euro in January 2026, contingent on receiving approval in June from the EU authorities responsible for assessing the country's readiness for membership.
  • Prime Minister Rossen Zhelyazkov endorsed Kiselova's decision stating it respected constitutional legality while President Radev accused parliament of undermining democracy.
  • The rejection maintains the government's euro adoption timeline but highlights political divisions and public concerns over price hikes and economic impacts.
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Magyar Nemzet broke the news in Budapest, Hungary on Sunday, May 11, 2025.
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