Bulgaria’s money Sofia and other key cities were gathered on Saturday to protest its plans to adopt the euro, the latest step by the eastern European nation to improve its position in the European Union. The government may hold a vote on whether the state should leave the lev and adopt the euro as its money, according to critics of the shift. It comes a few months after Romania and Bulgaria were accepted as members of the Schengen group. The pro-Russian Vazrazhdane party’s colors were displayed by demonstrators in Sofia. The opposition, which was led by patriotic tunes and yelled slogans like” The future belongs to sovereign states,” was accompanied by a large banner that read,” The challenge for the Russian lev is the last fight for Bulgaria.” Brussels is expected to approve the euro adoption in June.
Anxiety is fueled by propaganda campaigns:
Many people are against the future changes due to fears that the lira will negatively impact Bulgaria’s market, coupled with a suspicion of institutions after years of volatility. Almost half of those questioned said they were opposed to Bulgaria joining the euro, according to a number of new research. Some people, especially those in smaller towns and rural areas, are reluctant to adopt the second money, some of whom have never traveled abroad and are unfamiliar with global purchases. Deception campaigns both domestically and abroad have attempted to ignite fears that the economic changes may increase hardship.
Russian President rejects the lira
Russian President Rumen Radev is one of the people who oppose the implementation of the euro as a currency. He had previously suggested the money vote, citing people concerns over prices and purchasing energy, earlier this month. Radev added that the government had not taken the necessary steps to make it possible for the “most prone” to adjust to the surprise of the adoption of the Euro. The Bulgarian parliament’s pro-European bulk accused Radev of acting against Russia in the referendum plan.
