Radev Proposes Euro Referendum

Radev Proposes Euro Referendum

Bulgaria

President Rumen Radev has officially submitted a proposal for a national referendum on whether Bulgaria should adopt the euro in 2026, the Presidential Press Secretariat announced Monday, CE Report quotes BTA

The proposed question for the referendum is: “Do you agree to have Bulgaria adopt the single European currency euro in 2026?” The move is based on Article 10, Paragraph 1 of the Direct Citizen Participation in Government and Local Self-Government Act.

President Radev emphasized that introducing the euro requires strong national consensus, stating, “Every Bulgarian citizen has the right to express an opinion regarding their money and well-being.” He underscored that the national currency is a symbol of statehood and sovereignty, and that decisions of such magnitude should not be made without majority support.

Radev’s proposal frames the referendum as a test of democracy for the 51st National Assembly and a chance to rebuild trust between citizens and institutions. He also argued it would reengage voters and restore legitimacy to the democratic process.

The proposal notes that other EU countries have held similar referendums and that stronger economies have delayed euro adoption until public consensus was achieved.

According to the National Assembly’s press office, the proposal was registered at 3:08 p.m. on Monday. It is expected to be reviewed by the Budget and Finance Committee and the Committee on Constitutional and Legal Affairs.

Tags

Related articles

Photojournalists on Display
The Lifelong Profession: Photojournalist exhibition opened Thursday at Sofia’s Pressphoto Club as part of the “Week of Photography in Ancient Serdica” festival.
Albania, Bulgaria Deepen Ties and Back EU Path
Albanian Parliament Speaker Elisa Spiropali paid an official two-day visit to Bulgaria at the invitation of her counterpart, Nataliya Kiselova.
Bulgarian Pair in Wimbledon Junior Semis
For the first time in 25 years, two Bulgarian players have reached the boys' singles semifinals at the Wimbledon Juniors Championships.
Stoeva Sisters Compete in Asia
European badminton champions Stefani and Gabriela Stoeva are set to compete in major tournaments in Japan and China as part of their build-up to the World Championships in Paris this August.
Bulgaria Beats Lithuania at U16 EuroVolley
Bulgaria wrapped up its campaign at the European Under-16 Women’s Volleyball Championship with a 3-0 win over Lithuania (25:17, 25:13, 27:25).
EIB: Credit Demand Up, Supply Tight in Bulgaria
Credit demand in Bulgaria has increased over the past six months but supply conditions have sharply deteriorated, according to the European Investment Bank’s latest CESEE Bank Lending Survey.
Bulgaria Reaffirms Support for Albania’s EU Path
At the start of Albanian Parliament Speaker Elisa Spiropali’s two-day visit to Bulgaria on Wednesday, Prime Minister Rosen Zhelyazkov congratulated Albania on its progress toward EU membership, calling it a reflection of the country's societal maturity. He reaffirmed Bulgaria’s continued support for Albania’s European integration.
Dimitrov Injured, Eyes US Open Return
Grigor Dimitrov has suffered a partial tear of his right pectoralis major muscle, his manager confirmed to TennisKafe.
Bulgarian Students Win Bronze in Physics
Bulgarian students earned bronze medals at the International Young Physicists' Tournament held in Lund, Sweden, the Education and Science Ministry announced on Wednesday.
19th-Century Shipwreck Found in Bulgaria’s Bird Bay
An underwater archaeological survey in Taukliman Bay (Bird Bay), near Cape Kaliakra, has uncovered the remains of a previously unknown 19th-century Western European wooden ship, likely built in England.
Bulgaria Set to Adopt Euro in 2026
The European Parliament voted overwhelmingly on Tuesday in favor of a report confirming that Bulgaria meets the criteria to adopt the euro on January 1, 2026.
Rhodope Doc Fest Opens
The 5th Rhodope International Documentary Film Fest will kick off in Smolyan on July 10 with the premiere of the Canadian film Agatha's Almanac.