Days before Bulgaria's expected entry into the eurozone, thousands protested in Sofia against the government's plans to adopt the euro, demanding a referendum. The opposition, including nationalist and pro-Russian groups, labeled the currency switch an anti-state coup, arguing it compromises financial sovereignty. Protest leader Kostadin Kostadinov claimed the European Central Bank would control Bulgaria's budget. A no-confidence vote against the government has been proposed, revealing tensions over needed reforms. Despite protests, Bulgaria is set to join the eurozone on January 1, with final approval steps approaching.
The protesters, led by civic groups and nationalist parties, articulated their opposition to the euro adoption, suggesting it represents a loss of national sovereignty for Bulgaria.
Kostadin Kostadinov, the leader of the pro-Russian Vazrazhdane party, condemned the euro adoption plans, claiming it would lead to an erosion of Bulgaria’s financial independence.
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