Bulgaria Eurozone protest: A large protest in Sofia turned violent as nationalist demonstrators clashed with police over Bulgaria’s plans to join the eurozone. On Friday, around 1,000 people gathered outside the European Commission’s office in the capital, throwing red paint and firecrackers at the building. Tensions escalated when some protesters set fire to a door, leading to police reinforcements and firefighters being deployed.
Violence Erupts in the Capital
The demonstration, organized by the pro-Russia Vazrazhdane Party, initially began outside the Bulgarian National Bank. Protesters waved national and party flags while chanting, “No to the Euro, Yes to the Lev.” The crowd then marched toward the European Commission’s office, where they confronted law enforcement.
As the protest grew more aggressive, police attempted to disperse the demonstrators. Clashes broke out, resulting in injuries among officers and multiple arrests. According to officials, several protesters were detained for throwing projectiles and damaging public property. Emergency responders treated minor injuries on-site, while others were taken to hospitals.
Protesters Demand Referendum on Euro Adoption
Party leader Kostadin Kostadinov has been a vocal critic of Bulgaria’s transition to the euro. He insists that the government must hold a national referendum on the issue, allowing citizens to decide. Speaking to supporters during the protest, he accused officials of ignoring public opinion and pushing the country into the eurozone without consent.
“Our economy is not ready for this change,” he said. “Bulgarians should have the right to vote on a matter that affects every household.”
Kostadinov also threatened to disrupt parliamentary proceedings if the government continues with its plan. He warned that more demonstrations would follow unless authorities respond to public demands.
Government Maintains Pro-Euro Position
Despite opposition, the Bulgarian government remains committed to joining the eurozone. The newly-formed administration, in office for just a month, sees the transition as a key priority. Officials argue that adopting the euro will strengthen the country’s financial stability and attract foreign investment.
Finance Minister Asen Vasilev reassured the public that the move would not harm Bulgaria’s economy. “We are taking all necessary steps to ensure a smooth transition,” he said. “Joining the eurozone will bring long-term benefits, including lower interest rates and greater investor confidence.”
However, critics remain unconvinced. Some experts warn that Bulgaria is not yet prepared for the shift, citing inflation concerns and economic instability. Many fear that adopting the euro could lead to rising prices, making everyday goods less affordable for citizens.
Pro-Russian Influence and Disinformation
Analysts suggest that nationalist and pro-Russian groups are fueling opposition to the euro. Disinformation campaigns have spread fears that euro adoption will cause economic hardship and weaken Bulgaria’s sovereignty.
Political scientist Ivan Petrov noted that misinformation is playing a significant role in shaping public opinion. “There is a lot of misleading information about the euro transition,” he explained. “Many people believe false claims that their savings will lose value overnight.”
Meanwhile, European Union officials are closely monitoring the situation. Bulgaria’s entry into the eurozone is part of a broader EU integration strategy, but ongoing protests could complicate the process.
What Happens Next?
Authorities have promised a full investigation into the violence at the demonstration. Law enforcement agencies are reviewing footage to identify those responsible for property damage and attacks on officers.
As tensions continue across Europe, experts predict more protests in the coming weeks. The government will need to address public concerns while pushing forward with its economic agenda. European leaders are also expected to engage in discussions with Bulgarian officials to ensure a smooth transition, balancing the need for stability with the demands of the population. The unfolding situation highlights the challenges faced by Europe as it navigates both internal and external pressures.
For further updates on this developing story, visit Euro News 24.