The energy crisis sparked by the US war in Iran could spread to the rest of the economy if the conflict continues, European Central Bank Governing Council member Dimitar Radev said.

NATO’s European allies and Canada increased their defense spending nearly 20% for the second straight year in 2025, yielding to US President Donald Trump’s demands and responding to mounting threats from Russia.

Bulgaria’s former President Rumen Radev took the first formal step to running in the next general election in a bid to end the Balkan nation’s years-long political turmoil.

Bulgaria will hold a snap parliamentary election on April 19th as the euro area’s most recent member seeks to break an extended political deadlock with its eighth ballot in five years.

A political bloc led by Bulgaria’s former President Rumen Radev could win a snap parliamentary election planned for April, according to an opinion poll.

European Central Bank Governing Council member Gabriel Makhlouf said policymakers’ next move could be to raise or lower borrowing costs.

European Central Bank Governing Council member Gabriel Makhlouf said policymakers’ next move could be to raise or lower borrowing costs.

Bulgaria’s popular former president, Rumen Radev, announced he’ll run in the eighth election in five years in a bid to shake up the Balkan nation’s political landscape and end an extended period of turmoil.

Bulgaria’s central bank chief said he won’t become his country’s premier.

Bulgaria’s central bank chief said he won’t become his country’s premier.

Bulgaria’s central bank chief said he won’t become his country’s premier.

Bulgarian President Rumen Radev announced his resignation as the country prepares for its eighth national election in five years, fueling speculation that he may enter the fray to end the entrenched political deadlock.

The euro area’s latest member Bulgaria will hold a snap election in the coming months, its eighth in five years as the Balkan nation fails to break an extended cycle of political deadlock.

Bulgaria’s euro adoption is fueling the world’s best stock rally in early 2026 with investors confident that joining the currency bloc will lead the economy to deeper European integration.

Bulgaria’s euro adoption is fueling the world’s best stock rally in early 2026 with investors confident that joining the currency bloc will lead the economy to deeper European integration.

European Central Bank President Christine Lagarde said Bulgaria joining the euro area on Thursday is a testament to Europe’s ability to collaborate and defy international headwinds.

European Central Bank President Christine Lagarde said Bulgaria joining the euro area on Thursday is a testament to Europe’s ability to collaborate and defy international headwinds.

European Central Bank President Christine Lagarde said Bulgaria joining the euro area on Thursday is a testament to Europe’s ability to collaborate and defy international headwinds.

The country joins the single currency with a lame duck government, another election looming and almost half of people wanting to keep the lev.

The country joins the single currency with a lame duck government, another election looming and almost half of people wanting to keep the lev.