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Kostadin Kostadinov

Kostadin Kostadinov

Chairman, Revival Party (Vazrazhdane)

Appears in 1 story

Notable Quotes

Someone else will decide how we spend our money, the Bulgarian budget will be approved by the European Central Bank. This is an antistate coup, this is treason. What is unfolding in the country is no longer democracy but an occupation.

Stories

Bulgaria adopts the euro after 19-year wait

Rule Changes

Led opposition campaign against euro adoption

Bulgaria became the 21st member of the eurozone on January 1, 2026, replacing the lev at a fixed rate of 1.95583 per euro. ECB President Christine Lagarde welcomed Governor Dimitar Radev to the Governing Council table in Frankfurt, calling the euro "a powerful symbol" of European unity amid global geopolitical uncertainty. The ECB illuminated its headquarters with "Welcome, Bulgaria" in all eurozone languages. The adoption happened despite 49% public opposition and President Rumen Radev's New Year's address lamenting that "those in power chose not to listen to the citizens" about holding a referendum. Euro banknotes and coins began circulating at midnight, ending nearly three decades under a currency board.

Updated Jan 1