Close Menu
    Trending
    • Market Talk – February 6, 2026
    • Andy Cohen Reacts To ‘Real Housewives Of New York’ Spin-Off
    • Commentary: There are good reasons to be cheerful about global trade
    • Thousands gather in Libya for funeral of Saif al-Islam Gaddafi | Muammar Gaddafi News
    • The ‘No. 7-overall NBA draft picks’ quiz
    • Opinion | Amazon’s ‘Top Choice Is the Worst Choice’
    • Another Forbes 30 Under 30 honoree could be headed to prison
    • Weakening ice shelf has caused crucial Antarctic glacier to accelerate
    Benjamin Franklin Institute
    Saturday, February 7
    • Home
    • Politics
    • Business
    • Science
    • Technology
    • Arts & Entertainment
    • International
    Benjamin Franklin Institute
    Home»World Economy»Bulgaria’s Government Resigns Amid Civil Unrest
    World Economy

    Bulgaria’s Government Resigns Amid Civil Unrest

    Team_Benjamin Franklin InstituteBy Team_Benjamin Franklin InstituteDecember 12, 2025No Comments3 Mins Read
    Share Facebook Twitter Pinterest Copy Link LinkedIn Tumblr Email VKontakte Telegram
    Share
    Facebook Twitter Pinterest Email Copy Link


    #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

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link

    Related Posts

    World Economy

    Market Talk – February 6, 2026

    February 7, 2026
    World Economy

    The Economy Into 2028 | Armstrong Economics

    February 6, 2026
    World Economy

    More Disappointing US Job Data Confirms Trend In Motion

    February 6, 2026
    World Economy

    Bernie Sanders Enjoys Luxury Private Jets – But Wants To Eliminate The Fossil Fuel Industry

    February 6, 2026
    World Economy

    Free Grocery Stores In NYC?

    February 6, 2026
    World Economy

    Market Talk – February 5, 2026

    February 5, 2026
    Editors Picks

    Colorado Demolishes Second Amendment With Extreme Gun Control Bill

    April 13, 2025

    Statins don’t cause most of the side effects listed on their labels

    February 6, 2026

    Ashley St Clair, mother of Elon Musk’s child, sues xAI over Grok deepfakes

    January 16, 2026

    Tyler Soderstrom agrees to record contract extension with Athletics

    December 25, 2025

    The ‘Passing + Rushing TD playoff games’ quiz

    January 13, 2026
    About Us
    About Us

    Welcome to Benjamin Franklin Institute, your premier destination for insightful, engaging, and diverse Political News and Opinions.

    The Benjamin Franklin Institute supports free speech, the U.S. Constitution and political candidates and organizations that promote and protect both of these important features of the American Experiment.

    We are passionate about delivering high-quality, accurate, and engaging content that resonates with our readers. Sign up for our text alerts and email newsletter to stay informed.

    Latest Posts

    Market Talk – February 6, 2026

    February 7, 2026

    Andy Cohen Reacts To ‘Real Housewives Of New York’ Spin-Off

    February 7, 2026

    Commentary: There are good reasons to be cheerful about global trade

    February 6, 2026

    Subscribe for Updates

    Stay informed by signing up for our free news alerts.

    Paid for by the Benjamin Franklin Institute. Not authorized by any candidate or candidate’s committee.
    • Privacy Policy
    • About us
    • Contact us

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