Bulgaria in budget turmoil as it prepares to adopt the euro
Tens of thousands protest against fragile coalition’s tax rises, threatening eighth snap election since 2021
Tens of thousands protest against fragile coalition’s tax rises, threatening eighth snap election since 2021

Move follows widespread public protests against proposed tax rises

Euro adoption vilified by Moscow-leaning politicians and social media campaigns

Many governments have not come clean with voters about the growing fiscal strains on the welfare state

Though the Bulgarian lev was already pegged to the euro, the country had much to gain by joining the currency union

Bucharest committed to tax rises and spending cuts despite popular backlash, says finance minister

The good, the bad and the ugly of the bloc’s multiyear spending proposal