Bulgaria still set to adopt the Euro despite massive protests

Bulgaria is still set to adopt the Euro on January 1, 2026, despite massive anti-government and anti-corruption protests that recently led to the Prime Minister’s resignation, though the political turmoil has created uncertainty and concerns about fair elections and potential delays, with some fearing inflation and Russian disinformation influencing the opposition. The country faces a government vacuum and upcoming early elections, but the Eurozone entry, a major EU step, remains legally on track, though public opinion is divided. 

• Euro Adoption: Bulgaria is scheduled to become the 21st Eurozone member on January 1, 2026, replacing its currency, the lev.
• Protests & Politics: Recent widespread protests, initially against a controversial budget plan, evolved into demands for resignation and fair elections, leading to the center-right government’s collapse.
• Reasons for Protests: Concerns include corruption, influence of oligarchs (like Delyan Peevski), and alleged election manipulation, with accusations of Russian social media campaigns fueling anti-Euro sentiment.
• Public Opinion: About half of Bulgarians oppose the Euro, fearing price hikes, though the European Central Bank suggests inflation impact will be modest.
• Current Situation: The country lacks a government and budget for 2026, with a caretaker government expected to be appointed, but Euro entry is considered legally irreversible