Close Menu
    National News Brief
    Sunday, May 17
    • Home
    • Business
    • Lifestyle
    • Science
    • Technology
    • International
    • Arts & Entertainment
    • Sports
    National News Brief
    Home»World Economy

    Bulgaria’s Government Resigns Amid Civil Unrest

    Team_NationalNewsBriefBy Team_NationalNewsBriefDecember 12, 2025 World Economy No Comments3 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email


    #Bulgaria is rising again.
    Seven elections in four years did not lead to apathy.
    People across generations are demanding accountability, rule of law, and a new way of governing the country. pic.twitter.com/kEeSHnt5Ch

    — Antoinette Nikolova (@AntoinetteNikol) December 10, 2025

    The entire Bulgarian government has resigned after nationwide protests following the government’s decision to join the European Union. “The government resigns today,” Rosen Zhelyazkov announced. “People of all ages, ethnic backgrounds and religions have spoken out in favour of resignation. That is why this civic energy must be supported and encouraged.”

    The media portrayed the initial civil unrest as a reaction to the 2026 budget, but the root of the agitation lies with the nation relinquishing sovereignty to join the euro. The Bulgarian government resignation is symbolic; true power lies with the unelected bureaucrats in Brussels.

    “The decisions of the National Assembly are meaningful when they reflect the will of the people. We want to be where society expects us to be,” Zhelyazkov said, referring to the anti-government protests. “We have no doubt that the government will receive support in the upcoming vote of no confidence. Regardless, the decisions of the National Assembly are important when they reflect the will of the sovereign,” the prime minister said.

    There is massive corruption in the Bulgarian government, hence the need to hold seven snap elections after the 2020 uprising. The people will no longer have the ability to elect their representatives.  Citizens have no trust in their government and do not bother with voting, as voter turnout reached only 34.4% in June 2024. Yes, they may elect who rules Bulgaria, but the EU determines the direction the nation must take. Over 6.4 million citizens must convert to the euro on January 1.

    Once Bulgaria joins, it will no longer be able to devalue its currency to remain competitive. That’s how small economies adjust in a floating system. But inside the eurozone, you’re stuck. All monetary policy decisions are made by the ECB in Frankfurt, which answers to no elected body. If Bulgaria experiences a downturn, they can’t cut rates or devalue—just like Greece in 2010. They will be told to cut pensions, raise taxes, and accept IMF mandates. That’s not sovereignty.

    Bulgaria now has the luxury of taking on more debt through the European Central Bank. It may now join a war on behalf of the EU against a nation with which it had diplomatic ties throughout the years. Bulgaria is the poorest member of the union; Brussels is not going to allow it to sway the course of the EU agenda in any capacity.





    Source link

    Team_NationalNewsBrief
    • Website

    Keep Reading

    Singaporeans Are Feeling The Economy Grow In Real-Time

    The Old Days Of Open Cry Trading

    Britain’s Consumers Are Pulling Back As War And Inflation Collide

    Europe No Longer Trusts America With Its Data

    Skilled Trade Rises In Value

    China & War | Armstrong Economics

    Add A Comment

    Comments are closed.

    Editors Picks

    China hits back at 10% U.S. tariff with its own levies on U.S. products

    February 4, 2025

    Jury says Johnson & Johnson owes woman $65.5 million

    December 20, 2025

    Giuliana Rancic Shares Emotional Reaction After ‘E! News’ Is Canceled

    July 26, 2025

    Watch: Shohei Ohtani hits mammoth HR in NLCS Game 3

    October 17, 2024

    Energy War Breaks OPEC: UAE Walks Away As Oil Supply Collapses

    April 29, 2026
    Categories
    • Arts & Entertainment
    • Business
    • International
    • Latest News
    • Lifestyle
    • Opinions
    • Politics
    • Science
    • Sports
    • Technology
    • Top Stories
    • Trending News
    • World Economy
    About us

    Welcome to National News Brief, your one-stop destination for staying informed on the latest developments from around the globe. Our mission is to provide readers with up-to-the-minute coverage across a wide range of topics, ensuring you never miss out on the stories that matter most.

    At National News Brief, we cover World News, delivering accurate and insightful reports on global events and issues shaping the future. Our Tech News section keeps you informed about cutting-edge technologies, trends in AI, and innovations transforming industries. Stay ahead of the curve with updates on the World Economy, including financial markets, economic policies, and international trade.

    Editors Picks

    Singaporeans Are Feeling The Economy Grow In Real-Time

    May 17, 2026

    Adam Driver, Joanne Tucker All Smiles At ‘Paper Tiger’ Cannes Premiere

    May 17, 2026

    Federal funding for Trump’s ballroom in jeopardy after Senate ruling

    May 17, 2026

    Bolivia launches early-morning crackdown on roadblocks outside La Paz | Protests News

    May 17, 2026
    Categories
    • Arts & Entertainment
    • Business
    • International
    • Latest News
    • Lifestyle
    • Opinions
    • Politics
    • Science
    • Sports
    • Technology
    • Top Stories
    • Trending News
    • World Economy
    • Privacy Policy
    • Disclaimer
    • Terms and Conditions
    • About us
    • Contact us
    Copyright © 2024 Nationalnewsbrief.com All Rights Reserved.

    Type above and press Enter to search. Press Esc to cancel.