site.btaParliament Leader Hopes President’s Euro Referendum Proposal Is Well-Reasoned When It Reaches Legislature

National Assembly Chair Nataliya Kiselova expects that President Rumen Radev’s proposal for a referendum on the adoption of the euro in Bulgaria will be supported by sound reasoning when it reaches the legislature.

Visiting the town of Nikolaevo for a local festival on Saturday, Kiselova told journalists: “No such proposal has been submitted to the National Assembly yet. That is to say, it is an intention. Second, the President has the right to make a proposal for the National Assembly to consider whether a national referendum should be conducted. And finally, when the proposal is submitted, I hope it is well-reasoned so that the arguments can be substantiated.”

She recalled that, on two occasions, the Constitutional Court has made decisions about the National Assembly’s entitlement to call national referendums on certain matters, and one of these decisions, made last year, was about the euro changeover.

“The way the issue was presented, without reasoning, is disputable,” Kiselova commented. According to her, the matter is within the competence of two parliamentary committees, on Budget and Finance and on Constitutional and Legal Affairs. “I hope the committees will familiarize themselves with the reasoning in detail in a matter of weeks,” she added.

The referendum question suggested by the President is “Do you agree for Bulgaria to adopt the single European currency, the euro, in 2026?" 

Radev’s announcement on Friday was followed by divergent reactions from politicians.