“Today’s political class let down the Bulgarians by making compromises with the oligarchy,” said Radev. “Your trust demands that I safeguard the statehood, institutions, and our future.”
Since joining the EU in 2007 and adopting the euro this month, Bulgaria has faced political deadlock and anti-corruption protests since 2020, conducting eight elections in the past four years.
There has been speculation for weeks that Radev, who became president in 2016 and was re-elected in 2021, might resign to pursue another role. For many, he remains a constant figure amidst changing governments.
The last prime minister, Rosen Zhelyazkov, stepped down in December after facing anti-corruption protests against his administration. His Cabinet, which started in January 2025, endured six no-confidence votes before it fell.
“A battle for the future of the fatherland lies ahead,” declared Radev. “We are ready, we can, and we will succeed.”
Radev has shown skepticism about Sofia’s euro adoption and has been criticized for taking what some see as pro-Kremlin positions, including describing the EU’s support for Ukraine as a “doomed cause.”
Vice President Iliyana Yotova, whom Radev considers a “worthy head of state,” would assume the presidency in due course, he indicated.
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