Political Unrest: “Pink Piggy Bank” Protests & Budget Standoff

Tensions in Sofia have intensified as thousands of protesters, organized by the “Continue the Change – Democratic Bulgaria” (CC-DB) alliance, blocked key intersections in the capital.

• The Symbol: Demonstrators have placed a large installation of a “pink piggy bank” in the city center. It symbolizes their claim that the government’s 2026 budget draft favors “corruption and inner circles” rather than public welfare.

• The Demands: The rally is twofold: it demands the release of Blagomir Kotsev (Mayor of Varna) and Nikola Barbutov (former Deputy Mayor of Sofia), who remain in custody on corruption charges the opposition calls “fabricated.”

• Government Response: GERB leader Boyko Borissov dismissed the protests today, stating the unrest is essentially an attempt to “block the Euro budget” and destabilize the country weeks before the currency switch.

Defense: €195 Million Deal for French Radars

In a significant move for national security, the Cabinet has officially asked the National Assembly to approve a €195 million deal to acquire seven GM400 long-range 3D radars from the French manufacturer Thales.

• Why it matters: This upgrade is critical for Bulgaria’s air sovereignty and NATO integration, replacing aging Soviet-era equipment.

• Funding: The initial payment of €92 million will be partly funded by compensation Bulgaria received for weapons it previously provided to Ukraine.

Energy Crisis: State Seizes Lukoil Refinery Control

The situation at the Neftohim Burgas refinery—the largest in the Balkans—has reached a tipping point.

• The Takeover: Following a parliamentary vote earlier this month, the state has appointed an external administrator to seize control of the refinery’s operations from the Russian giant Lukoil.

• The Deadline: Lukoil issued a statement confirming they are trying to sell the asset. They are operating under a US Treasury license that expires on December 13, 2025, giving them a very narrow window to finalize a sale to a non-Russian entity before further sanctions hit.

Crime & Justice: Massive Antiquities Trafficking Ring Bust

A major joint operation with Europol has concluded with the indictment of over 20 individuals in Bulgaria.

• The Scale: The group is accused of trafficking national treasures and money laundering. Authorities seized thousands of coins and artifacts intended for the black market in Western Europe, marking one of the largest cultural heritage busts in recent years.

Travel Warning for Bulgarians

The Ministry of Foreign Affairs issued an urgent warning today for Bulgarian citizens traveling to Belgium.

• What to expect: A three-day national strike in Belgium starting November 24 will severely disrupt trains, public transport, and flights (specifically at Charleroi and Brussels Zaventem airports).

The country is currently navigating a “perfect storm” of political instability (protests), economic transformation (Euro adoption in ~40 days), and energy insecurity (refinery sale). Expect heavy police presence in downtown Sofia throughout the weekend.