Particle.news

Bulgaria Pulls 2026 Budget Draft After Mass Protests

The decision responds to public anger over tax hikes linked by critics to Bulgaria’s euro changeover.

Overview

  • The Council of Ministers asked parliament to withdraw the 2026 state budget and signaled a new proposal will follow once lawmakers agree, according to an official release and state media.
  • An estimated 50,000 to 100,000 people rallied in Sofia on Monday, with demonstrations also reported in Plovdiv, Varna and Burgas.
  • Police reported several hospitalizations and 10 detentions after a minority of rioters threw rocks and firecrackers and officers used pepper spray near ruling party offices.
  • The draft was the first calculated in euros ahead of a planned January 1 euro adoption, a shift that many Bulgarians fear will fuel inflation, with ECB chief Christine Lagarde warning of a possible price jump.
  • Protesters denounced higher social-security contributions and dividend taxes and accused the plan of entrenching corruption, with some calling for the government’s resignation and targeting figures such as Delyan Peevski and Boyko Borissov.