Russia Accused of Covert Operations to Derail Bulgaria’s Eurozone Bid

Bulgarian intelligence services have issued a stark warning, alleging that Russian special services are actively attempting to sabotage Bulgaria’s entry into the eurozone. This comes despite the European Union’s recent approval of the final legal framework for Bulgaria’s euro adoption, set for January 1, 2026. The alleged interference is seen as part of a broader Russian strategy to sow discord within the EU.

Allegations of Sabotage

Atanas Atanasov, head of Bulgaria’s parliamentary commission overseeing security services, revealed these concerns following a confidential meeting with top intelligence officials. He stated that there is a "real risk of sabotage" to Bulgaria’s euro adoption before the 2026 deadline. While the formal procedures for joining the eurozone are complete, the period leading up to the transition is deemed critical.

Key Takeaways

  • Foreign Intelligence Threat: The primary threat is identified as foreign intelligence actions aimed at disrupting Bulgaria’s key foreign policy objective.
  • Disinformation Campaigns: A significant risk highlighted is disinformation campaigns, which Bulgarian sources link directly to Russian intelligence.
  • Broader Kremlin Strategy: Moscow’s ultimate goal is not only to prevent Bulgaria’s euro adoption but also to create divisions within the European Union, aligning with a broader Kremlin strategy to undermine European unity.

EU Approval and Ongoing Risks

On July 8, the EU Economic and Financial Affairs Council (ECOFIN) gave its final approval for Bulgaria’s euro adoption. This marked the last legislative step in the integration process. However, intelligence reports suggest that attempts to interfere with Bulgaria’s entry may persist until the transition is fully completed and the euro is officially adopted.

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The Nature of the Threat

The alleged Russian interference is characterized by its focus on undermining the process through non-conventional means, primarily disinformation. This approach aims to create internal instability and distrust, thereby hindering Bulgaria’s economic and political integration with the eurozone. The Bulgarian authorities are on high alert, monitoring these activities closely to mitigate any potential impact on the country’s strategic goals.

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