Headlines
Bulgarian government resigns after weeks of street protests
Published by Global Banking and Finance Review
Posted on December 11, 2025
1 min readLast updated: January 20, 2026
Global Banking and Finance Review
Company
Published by Global Banking and Finance Review
Posted on December 11, 2025
1 min readLast updated: January 20, 2026
Bulgarian PM Rosen Zhelyazkov resigns amid protests over economic policies and corruption, just before Bulgaria's euro zone entry.
SOFIA, Dec 11 (Reuters) - Bulgarian Prime Minister Rosen Zhelyazkov handed in his government's resignation on Thursday following weeks of street protests over its economic policies and its perceived failure to tackle corruption.
Zhelyazkov announced his resignation in a televised statement minutes before parliament had been due to vote on a no-confidence motion.
The resignation comes shortly before Bulgaria is due to join the euro zone on January 1.
(Reporting by Ivana SekularacEditing by Gareth Jones)
Corruption refers to dishonest or unethical behavior by those in power, often involving bribery or the misuse of authority for personal gain, which can undermine trust in institutions and governance.
The euro zone is a group of European Union countries that have adopted the euro as their official currency, facilitating easier trade and economic cooperation among member states.
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