Bulgaria ’s first budget in euros has sparked strong criticism from economists and opposition politicians, who describe it as the worst financial plan in more than twenty-five years. The 2026 draft budget , presented by the Zhelyazkov government, is being compared by experts to the economic failures of Zhan Videnov’s administration in the 1990s, which led to hyperinflation and a financial collapse. Now, critics warn that Bulgaria risks entering a long-term “ debt spiral ” with similar