Supporters of Bulgarian nationalists and supporters of supporters of Russian parties carry Bulgarian flags, as they gathered on a central class in Sophia, Bulgaria on Saturday, June 28, 2025 to oppose the government’s plan to adopt the euro and demand a referendum on the new currency. , Photo Credit: AP
Bulgaria was expected to become the 21st member of Eurozone, the schedule’s opponents on Saturday prepared for the final fight to change the schedule.
Thousands of protesters gathered on a central class of Sophia city to oppose government schemes to adopt the euro and demand a referendum on the new currency. The European Union has given a green light to Bulgaria to adopt the euro starting on 1 January.
Protesters led by civic groups, nationalists and pro-Russian parties are known for opposition to the euro, announced that after the rally they intend to set up a tent on the central class, describing the “city of Lev” after the national currency.
A huge banner hung on a platform for speakers, which read that “the fight for Bulgarian Lev is the final battle for Bulgaria.”
Russian-supporter Wazarazhden Party leader Costadin Costadinov told the protesters that the country would be taken away from his currency.
He said, “Anyone else will decide how we spend our money, the Bulgarian budget will be approved by the European Central Bank.” “This is an anti -state coup, it is treason.”
Mr. Costadinov announced that the legalists of Germany, Lithuania, Romania, Czech Republic, Slovakia and Hungary have attended the event to support protests.
Police officers gathered on a central class of Sophia, Bulgaria as supporters of Bulgarian nationalists and supporters of Russian parties in front of Sophia Municipal Building, on Saturday, June 28, 2025, adopting the euro and demanding a referendum on the new currency to oppose the government’s plans. , Photo Credit: AP
Next to the demonstration, Vajrazahdane submitted a resolution for the voting of mistrust in the current government in Parliament, alleging that it was accused of failing to restore the stability for public finance and to work for the euro to work for force.
Parliament will vote on the proposal next week, but the EU government alliance is expected to survive.
The Balkan country joined the European Union in 2007 and is now at the last stretch of its reception for Eurozone. The final institutional obstacle is the approval from both the European Parliament and the Economic and Financial Affairs Council in Strasbourg, which is scheduled for July 8.
These steps come after their clear support from Bulgaria by the European Council. After joining Eurozone on 1 January 2026.
During its membership of its nearly two decades long European Union, Bulgaria has been plagued with political instability and corruption, which has given air to eurosepticism among its 6.4 million citizens.
Now, the score of false claims by Eurozone opponents is published on social networks, which feed the possibility of economic changes that they say that can bring more poverty.
Economists say that joining the euro will not bring a big change in the Bulgaria economy in the short term. This is because the government has assumed currency to the euro by law at a fixed rate of 1 lev for every 51 Eurochent every 51 Eurochent.
Published – June 29, 2025 07:34 AM IST