Demonstrator wearing a Donald Trump mask during a demonstration against Bulgaria's entry into the Eurozone. (Feb. 22, 2025)
Protests erupt in Bulgaria over Euro adoption plans
Clashes erupted today in Bulgaria's capital as approximately 1,000 nationalist protesters gathered to oppose the government's plan to adopt the euro currency.
The demonstration, organized by the pro-Russia Vazrazhdane party, escalated into violence at the European Commission's Sofia office.
Protesters threw red paint, firecrackers, and Molotov cocktails at the building, setting a door ablaze. Police reinforcements and firefighters were dispatched to control the situation.
Authorities reported that several demonstrators were arrested, and around ten police officers sustained minor injuries during the clashes.
The Vazrazhdane party, known for its pro-Russia stance, has been vocal against Bulgaria's move to join the eurozone. Party leader Kostadin Kostadinov addressed the crowd, emphasizing the desire to maintain the Bulgarian lev and financial independence.
He also called for a referendum on the eurozone entry, threatening to disrupt parliamentary proceedings if their demands are not met.
Bulgaria, an EU member since 2007, has faced political instability in recent years. The newly formed government, established last month, has prioritized eurozone membership, aiming for adoption by January 1, 2026.
While the government views this move as a step toward deeper European integration amid geopolitical tensions, some economists and citizens express concerns about the country's economic readiness and potential price increases associated with the currency switch.
The government condemned the violent actions, stating that such attacks are "unacceptable and contradict the principles of the rule of law."
Despite the opposition, officials remain committed to meeting the necessary criteria for euro adoption, including addressing inflation targets and ensuring economic stability.