On May 14th, Natalia Kiselova, Speaker of the Bulgarian National Assembly, rejected President Radev’s proposal to hold a referendum on the country’s accession to the eurozone. On the 13th, the Bulgarian National Assembly announced that the proposal was rejected by the Speaker due to its inconsistency with relevant provisions of the Bulgarian Constitution and other legal provisions. In April of this year, Bulgarian Finance Minister Petkova stated that the country had met all the criteria for joining the eurozone. On the 9th of this month, President Radev announced that he has proposed to the National Assembly to hold a referendum on whether the country will join the eurozone in 2026. Bulgaria joined the European Union in 2007. For over a decade, joining the eurozone has been a priority goal for the government.
Scan code to share