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Winner of the legislative elections on Sunday April 19, former President Roumen Radev returns to the middle of Bulgarian politics with a speech essential of Brussels, skeptical of the European Union’s vitality coverage and reserved on assist for Ukraine. A line that might weigh on the nation’s financial decisions.
The coalition led by Rumen Radev got here nicely forward in Bulgaria, in a rustic exhausted by instability after eight elections in 5 years. The former president, usually seen as “pro-Russian”, constructed his marketing campaign on the rejection of elites and the promise of restoring order to a fragmented political system.
On paper, the nation’s financial fundamentals will not be dangerous: development is anticipated round 2.8% this yr, in response to the IMF, unemployment stays low, public debt contained, and Bulgaria joined the euro zone on 1er January 2026, turning into the twenty first member of the Eurozone.
Moscow within the background of the Bulgarian financial system
But Rumen Radev’s victory raises one other query: that of the nation’s relationship with Moscow. The former president usually criticized the European Union’s vitality coverage, in addition to the quantities invested in army assist for Ukraine, within the identify of Bulgarian financial pursuits.
The future authorities will due to this fact should handle a fragile equation: preserving financial stability whereas reassuring its European companions about its geopolitical trajectory. Because past development, Bulgaria stays undermined by corruption, low residing requirements and fragile establishments, all handicaps in attracting long-term funding.
https://www.france24.com/fr/%C3%A9missions/info-%C3%A9co/20260420-bulgarie-roumen-radev-s-impose-avec-sa-ligne-pro-russe-et-anti-corruption