Council of Ministers

Update: President Rumen Radev, after anticipating his official designation as leader of Bulgaria's delegation to the upcoming NATO summit in July, has declined the role due to disagreements with certain state positions adopted by the Council of Ministers, which shapes the country's foreign policy as per the constitution.

Bulgaria's political landscape remains in disarray, with no party able to form a stable government, according to Boyko Borissov, leader of GERB. Borissov lamented that the current situation is hampering Bulgaria's progress towards joining the Eurozone, a goal that he believes could have been achieved if a stable government, led by GERB, was in place.

Bulgaria is expected to adopt the euro at the beginning of 2026, rather than mid-next year as previously forecasted. This update was provided by acting Deputy Prime Minister and Minister of Finance Ludmila Petkova, who emphasized the need for technological time to meet the final criterion for euro adoption.

Negotiations between GERB and DPS to form a government began after a delay caused by disputes over seating arrangements in the plenary hall. Contrary to expectations, Delyan Peevski, co-chairman of the Movement for Rights and Freedoms (DPS), did not participate, in line with Boyko Borissov's decision not to lead the talks personally.

"Bulgaria remains fully committed to the strong and unified response of NATO, the EU, and the international democratic community to Russian military aggression against Ukraine," wrote acting Prime Minister Dimitar Glavchev on the Facebook page of the Council of Ministers.

An incident occurred in the Pleven Region where a fast train struck two workers between Telish and Gorni Dabnik stations. The Ministry of the Interior - Pleven reported that the accident happened at 10:09 p.m. last night, with the train driver informing authorities about hitting two men.

The Bulgarian state has allocated an initial BGN 100 million for the national children's hospital, as announced by Acting Minister of Finance Ludmila Petkova during a briefing at the Council of Ministers.

Funds will be sought for the repair of the road near Galabovo, part of the international road Ruse - Svilengrad, where there are roadblocks and protests for the second day. This was highlighted by the Bulgarian caretaker prime minister during today's Council of Ministers meeting.

Türkiye's top court has ruled to revoke key provisions of a decree law (KHK) that had granted the president authority to appoint university rectors and dismiss the Central Bank governor before the end of their terms.

The regulations in question were initially enacted under the KHK numbered 703, which aimed to align governance structures with the presidential government system.

By mid-2025, Bulgaria will be ready to join the Eurozone, according to Acting Deputy Minister of Finance Metodi Metodiev. He predicts that by the end of this year, Bulgaria will meet the inflation criterion, which is currently the only unmet requirement for euro adoption. This progress will allow Bulgaria to request an extraordinary report.