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Protests in Bulgaria/ Thousands of people demand preservation of the national currency, the lev

2025-06-01 21:40:00, Kosova & Bota CNA

Protests in Bulgaria/ Thousands of people demand preservation of the national

Thousands of people took to the streets in Bulgaria this weekend, calling on the government to preserve the country's currency, the Bulgarian lev, and not join the euro zone. In the capital, Sofia, and in various other cities, demonstrations against the introduction of the euro currency began around noon. The protests were organized by the ultranationalist Revival Party and several NGOs.

They believe that if Bulgaria enters the eurozone, prices will rise and the country's economic sovereignty will be limited, and they want a referendum to be held on the issue.

"The Revival of Bulgaria has a will of the people, and the will of the people now says categorically: we do not want the Bulgarian lev to be destroyed, we want to preserve the Bulgarian currency, we want to preserve the freedom of Bulgaria. And that is why we want such a referendum to be held," said the leader of the Revival party, Kostadin Kostadinov.

Bulgaria's President, Rumen Radev, recently submitted a request to parliament to hold a referendum on whether the country will adopt the euro as its currency.

In 2024, the European Central Bank said the country could not yet join the monetary union because inflation in the country was too high.

The seven EU members outside the eurozone are Bulgaria, the Czech Republic, Denmark, Hungary, Poland, Romania and Sweden. They continue to use their national currencies, although all but Denmark, which has won an opt-out, are obliged to join once they meet the euro's convergence criteria. /CNA





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