Bulgaria in 2026: New Money, Old Political Problems

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Bulgaria began 2026 with an uneasy sense of irony. 

On January 1, the country adopted the euro, marking the latest milestone in its post-communist integration. The moment was overshadowed, however, by political uncertainty following the fall of yet another government following mass street protests.

As things stand, the spring will bring Bulgaria’s seventh general election since 2021, followed by a regular presidential poll likely in November. In the meantime, the country will be run by an interim cabinet of ministers handpicked by Bulgaria’s Kremlin-friendly president, Rumen Radev.

In the parliamentary election, the pro-European opposition parties We Continue the Change and Democratic Bulgaria will look to ride a wave of euphoria unleashed by the resignation of the GERB-led coalition government after weeks of protests.

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