Massive Protests in Bulgaria Demand PM's Resignation Amid Corruption Allegations

Tens of thousands of Bulgarians took to the streets on Wednesday, calling for the resignation of Prime Minister Rosen Zhelyazkov's government amidst accusations of widespread corruption. This massive show of discontent came just weeks before the country is set to adopt the euro as its official currency, joining the European Union's economic bloc. The protests, which drew an estimated 100,000 people, were sparked by the government's budget plans, which included higher taxes and increased social security contributions. Although the government later withdrew the 2026 budget plan, the protesters' demands have expanded to include calls for the Prime Minister's resignation. At the heart of the protesters' frustrations is the influence of Delyan Peevski, a Bulgarian politician and oligarch who has been sanctioned by the US and UK. Peevski's party, MRF New Beginning, is a key supporter of the current government, and opponents accuse him of shaping policy to serve the interests of the wealthy elite. The protests, which were largely peaceful, have put pressure on the government. The opposition coalition We Continue the Change – Democratic Bulgaria has called for a no-confidence vote, which is set to take place on Thursday. Bulgarian President Rumen Radev, a vocal critic of the government, has urged lawmakers to listen to the people and make a choice between dignity and dependence. Bulgaria's adoption of the euro is a significant step towards deeper economic integration with the EU. However, the country's corruption allegations and political instability raise concerns about its readiness to join the economic bloc. With over 6.4 million people, Bulgaria is set to become the 21st member of the eurozone on January 1, marking a major milestone in the country's economic development.