Political leaders stepped up demands for new EU sanctions against the regime in
Iran, in response to the violent suppression of mass protests across the
country.
“Europe needs to act — and fast,” European Parliament President Roberta Metsola
told POLITICO. “We will support any future measures taken at EU level.”
Metsola, German Chancellor Friedrich Merz and Irish Prime Minister Micheál
Martin are among those who want Brussels to escalate sanctions against Tehran.
The EU’s executive in Brussels is reviewing options and promised to come forward
with a plan. Proposals under discussion include designating the Islamic
Revolutionary Guard Corps as a terrorist organization and tougher measures
against regime figures responsible for the violence.
Authorities in Tehran have sought to quell an uprising that has spread across
more than 100 towns and cities in Iran since Dec. 28. The protests began as
demonstrations against the dire economic situation, with rampant inflation and a
plunging currency making daily life almost impossible for millions of Iranians.
But they quickly grew into a nationwide uprising demanding, in many cases, the
overthrow of the ayatollahs’ authoritarian regime.
Accurate data is difficult to verify, after the regime shut off internet
communications, but an Iranian official claimed around 2,000 people may have
been killed, including security personnel, according to Reuters. Many thousands
of protesters have been arrested.
“Political signals, support and solidarity are important — but we need to show
that we are serious,” Metsola said. The EU must demonstrate it is watching the
unfolding crisis, listening to the calls of those demonstrating against the
regime, and most importantly “acting,” she added. “If we do not stand up and
call out these injustices, we let all these brave people in Iran, [who] are
marching for justice, down. We cannot let this happen.”
Metsola has announced she is banning all Iranian diplomats and officials from
entering any of the European Parliament’s buildings or offices. She then set out
her criteria for new sanctions.
“Measures must be effective and targeted, ensuring that those responsible —
politically, militarily or judicially — are held accountable,” Metsola said. “We
need to make sure that these sanctions are far-reaching and hard-hitting,
sending an unmistakable message that human rights violations will not be
tolerated.”
The German chancellor also indicated his team was working on a fresh EU package
of sanctions. “The regime’s violence against its own people is not a sign of
strength, but of weakness. It must end immediately,” Merz posted on X. “To
underscore this message, we are working on further EU sanctions.”
The European Commission has been weighing up further action. On Tuesday,
Commission President Ursula von der Leyen promised plans for a new wave of
sanctions would come soon.
“The rising number of casualties in Iran is horrifying,” she wrote on X.
“Further sanctions on those responsible for the repression will be swiftly
proposed. We stand with the people of Iran who are bravely marching for their
liberty.”
U.S. President Donald Trump announced any country doing business with Iran would
face a 25 percent American tariff. He has promised to come to the aid of
protesters and is weighing up options including potential military strikes.
Tag - Crisis
LONDON — Reza Pahlavi was in the United States as a student in 1979 when his
father, the last shah of Iran, was toppled in a revolution. He has not set foot
inside Iran since, though his monarchist supporters have never stopped believing
that one day their “crown prince” will return.
As anti-regime demonstrations fill the streets of more than 100 towns and cities
across the country of 90 million people, despite an internet blackout and an
increasingly brutal crackdown, that day may just be nearing.
Pahlavi’s name is on the lips of many protesters, who chant that they want the
“shah” back. Even his critics — and there are plenty who oppose a return of the
monarchy — now concede that Pahlavi may prove to be the only figure with the
profile required to oversee a transition.
The global implications of the end of the Islamic Republic and its replacement
with a pro-Western democratic government would be profound, touching everything
from the Gaza crisis to the wars in Ukraine and Yemen, to the oil market.
Over the course of three interviews in the past 12 months in London, Paris and
online, Pahlavi told POLITICO how Iran’s Supreme Leader Ayatollah Ali Khamenei
could be overthrown. He set out the steps needed to end half a century of
religious dictatorship and outlined his own proposal to lead a transition to
secular democracy.
Nothing is guaranteed, and even Pahlavi’s team cannot be sure that this current
wave of protests will take down the regime, never mind bring him to power. But
if it does, the following is an account of Pahlavi’s roadmap for revolution and
his blueprint for a democratic future.
POPULAR UPRISING
Pahlavi argues that change needs to be driven from inside Iran, and in his
interview with POLITICO last February he made it clear he wanted foreign powers
to focus on supporting Iranians to move against their rulers rather than
intervening militarily from the outside.
“People are already on the streets with no help. The economic situation is to a
point where our currency devaluation, salaries can’t be paid, people can’t even
afford a kilo of potatoes, never mind meat,” he said. “We need more and more
sustained protests.”
Over the past two weeks, the spiraling cost of living and economic mismanagement
have indeed helped fuel the protest wave. The biggest rallies in years have
filled the streets, despite attempts by the authorities to intimidate opponents
through violence and by cutting off communications.
Pahlavi has sought to encourage foreign financial support for workers who will
disrupt the state by going on strike. He also called for more Starlink internet
terminals to be shipped into Iran, in defiance of a ban, to make it harder for
the regime to stop dissidents from communicating and coordinating their
opposition. Amid the latest internet shutdowns, Starlink has provided the
opposition movements with a vital lifeline.
As the protests gathered pace last week, Pahlavi stepped up his own stream of
social media posts and videos, which gain many millions of views, encouraging
people onto the streets. He started by calling for demonstrations to begin at 8
p.m. local time, then urged protesters to start earlier and occupy city centers
for longer. His supporters say these appeals are helping steer the protest
movement.
Reza Pahlavi argues that change needs to be driven from inside Iran. | Salvatore
Di Nolfi/EPA
The security forces have brutally crushed many of these gatherings. The
Norway-based Iranian Human Rights group puts the number of dead at 648, while
estimating that more than 10,000 people have been arrested.
It’s almost impossible to know how widely Pahlavi’s message is permeating
nationwide, but footage inside Iran suggests the exiled prince’s words are
gaining some traction with demonstrators, with increasing images of the
pre-revolutionary Lion and Sun flag appearing at protests, and crowds chanting
“javid shah” — the eternal shah.
DEFECTORS
Understandably, given his family history, Pahlavi has made a study of
revolutions and draws on the collapse of the Soviet Union to understand how the
Islamic Republic can be overthrown. In Romania and Czechoslovakia, he said, what
was required to end Communism was ultimately “maximum defections” among people
inside the ruling elites, military and security services who did not want to “go
down with the sinking ship.”
“I don’t think there will ever be a successful civil disobedience movement
without the tacit collaboration or non-intervention of the military,” he said
during an interview last February.
There are multiple layers to Iran’s machinery of repression, including the hated
Basij militia, but the most powerful and feared part of its security apparatus
is the Islamic Revolutionary Guard Corps. Pahlavi argued that top IRGC
commanders who are “lining their pockets” — and would remain loyal to Khamenei —
did not represent the bulk of the organization’s operatives, many of whom “can’t
pay rent and have to take a second job at the end of their shift.”
“They’re ultimately at some point contemplating their children are in the
streets protesting … and resisting the regime. And it’s their children they’re
called on to shoot. How long is that tenable?”
Pahlavi’s offer to those defecting is that they will be granted an amnesty once
the regime has fallen. He argues that most of the people currently working in
the government and military will need to remain in their roles to provide
stability once Khamenei has been thrown out, in order to avoid hollowing out the
administration and creating a vacuum — as happened after the 2003 U.S.-led
invasion of Iraq.
Only the hardline officials at the top of the regime in Tehran should expect to
face punishment.
In June, Pahlavi announced he and his team were setting up a secure portal for
defectors to register their support for overthrowing the regime, offering an
amnesty to those who sign up and help support a popular uprising. By July, he
told POLITICO, 50,000 apparent regime defectors had used the system.
His team are now wary of making claims regarding the total number of defectors,
beyond saying “tens of thousands” have registered. These have to be verified,
and any regime trolls or spies rooted out. But Pahlavi’s allies say a large
number of new defectors made contact via the portal as the protests gathered
pace in recent days.
REGIME CHANGE
In his conversations with POLITICO last year, Pahlavi insisted he didn’t want
the United States or Israel to get involved directly and drive out the supreme
leader and his lieutenants. He always said the regime would be destroyed by a
combination of fracturing from within and pressure from popular unrest.
He’s also been critical of the reluctance of European governments to challenge
the regime and of their preference to continue diplomatic efforts, which he has
described as appeasement. European powers, especially France, Germany and the
U.K., have historically had a significant role in managing the West’s relations
with Iran, notably in designing the 2015 nuclear deal that sought to limit
Tehran’s uranium enrichment program.
But Pahlavi’s allies want more support and vocal condemnation from Europe.
U.S. President Donald Trump pulled out of the nuclear deal in his first term and
wasted little time on diplomacy in his second. He ordered American military
strikes on Iran’s nuclear facilities last year, as part of Israel’s 12-day war,
action that many analysts and Pahlavi’s team agree leaves the clerical elite and
its vast security apparatus weaker than ever.
U.S. President Donald Trump pulled out of the nuclear deal in his first term and
wasted little time on diplomacy in his second. | Pool photo by Bonnie Cash via
EPA
Pahlavi remains in close contact with members of the Trump administration, as
well as other governments including in Germany, France and the U.K.
He has met U.S. Secretary of State Marco Rubio several times and said he regards
him as “the most astute and understanding” holder of that office when it comes
to Iran since the 1979 revolution.
In recent days Trump has escalated his threats to intervene, including
potentially through more military action if Iran’s rulers continue their
crackdown and kill large numbers of protesters.
On the weekend Pahlavi urged Trump to follow through. “Mr President,” he posted
on X Sunday. “Your words of solidarity have given Iranians the strength to fight
for freedom,” he said. “Help them liberate themselves and Make Iran Great
Again!”
THE CARETAKER KING
In June Pahlavi announced he was ready to replace Khamenei’s administration to
lead the transition from authoritarianism to democracy.
“Once the regime collapses, we have to have a transitional government as quickly
as possible,” he told POLITICO last year. He proposed that a constitutional
conference should be held among Iranian representatives to devise a new
settlement, to be ratified by the people in a referendum.
The day after that referendum is held, he told POLITICO in February, “that’s the
end of my mission in life.”
Asked if he wanted to see a monarchy restored, he said in June: “Democratic
options should be on the table. I’m not going to be the one to decide that. My
role however is to make sure that no voice is left behind. That all opinions
should have the chance to argue their case — it doesn’t matter if they are
republicans or monarchists, it doesn’t matter if they’re on the left of center
or the right.”
One option he hasn’t apparently excluded might be to restore a permanent
monarchy, with a democratically elected government serving in his name.
Pahlavi says he has three clear principles for establishing a new democracy:
protecting Iran’s territorial integrity; a secular democratic system that
separates religion from the government; and “every principle of human rights
incorporated into our laws.”
He confirmed to POLITICO that this would include equality and protection against
discrimination for all citizens, regardless of their sexual or religious
orientation.
COME-BACK CAPITALISM
Over the past year, Pahlavi has been touring Western capitals meeting
politicians as well as senior business figures and investors from the world of
banking and finance. Iran is a major OPEC oil producer and has the second
biggest reserves of natural gas in the world, “which could supply Europe for a
long time to come,” he said.
“Iran is the most untapped reserve for foreign investment,” Pahlavi said in
February. “If Silicon Valley was to commit for a $100 billion investment, you
could imagine what sort of impact that could have. The sky is the limit.”
What he wants to bring about, he says, is a “democratic culture” — even more
than any specific laws that stipulate forms of democratic government. He pointed
to Iran’s past under the Pahlavi monarchy, saying his grandfather remains a
respected figure as a modernizer.
“If it becomes an issue of the family, my grandfather today is the most revered
political figure in the architect of modern Iran,” he said in February. “Every
chant of the streets of ‘god bless his soul.’ These are the actual slogans
people chant on the street as they enter or exit a soccer stadium. Why? Because
the intent was patriotic, helping Iran come out of the dark ages. There was no
aspect of secular modern institutions from a postal system to a modern army to
education which was in the hands of the clerics.”
Pahlavi’s father, the shah, brought in an era of industrialization and economic
improvement alongside greater freedom for women, he said. “This is where the Gen
Z of Iran is,” he said. “Regardless of whether I play a direct role or not,
Iranians are coming out of the tunnel.”
Conversely, many Iranians still associate his father’s regime with out-of-touch
elites and the notorious Savak secret police, whose brutality helped fuel the
1979 revolution.
NOT SO FAST
Nobody can be sure what happens next in Iran. It may still come down to Trump
and perhaps Israel.
Anti-regime demonstrations fill the streets of more than 100 towns and cities
across the country of 90 million people. | Neil Hall/EPA
Plenty of experts don’t believe the regime is finished, though it is clearly
weakened. Even if the protests do result in change, many say it seems more
likely that the regime will use a mixture of fear tactics and adaptation to
protect itself rather than collapse or be toppled completely.
While reports suggest young people have led the protests and appear to have
grown in confidence, recent days have seen a more ferocious regime response,
with accounts of hospitals being overwhelmed with shooting victims. The
demonstrations could still be snuffed out by a regime with a capacity for
violence.
The Iranian opposition remains hugely fragmented, with many leading activists in
prison. The substantial diaspora has struggled to find a unity of voice, though
Pahlavi tried last year to bring more people on board with his own movement.
Sanam Vakil, an Iran specialist at the Chatham House think tank in London, said
Iran should do better than reviving a “failed” monarchy. She added she was
unsure how wide Pahlavi’s support really was inside the country. Independent,
reliable polling is hard to find and memories of the darker side of the shah’s
era run deep.
But the exiled prince’s advantage now may be that there is no better option to
oversee the collapse of the clerics and map out what comes next.
“Pahlavi has name recognition and there is no other clear individual to turn
to,” Vakil said. “People are willing to listen to his comments calling on them
to go out in the streets.”
EU PARLIAMENT’S MOST TOXIC DUO BRINGS TROUBLE FOR VON DER LEYEN
Social Democrat chief Iratxe García and center-right boss Manfred Weber’s dire
relationship is Brussels’ worst-kept secret.
By MAX GRIERA
in Brussels
Illustration by Natália Delgado/ POLITICO
A confrontation six years ago poisoned a relationship at the heart of the EU
that remains toxic to this day.
Manfred Weber, the powerful German head of the center-right European People’s
Party, the largest political family in Europe, knew something was wrong when
Iratxe García walked into his office shortly after the 2019 EU election.
García, a Spanish MEP who leads the center-left Socialists and Democrats group
in the Parliament, was accompanied by Romanian former liberal chief Dacian
Cioloș. The pair told Weber that they wouldn’t support his bid to become
president of the European Commission, despite the Parliament’s longstanding
position that the head of the party receiving the most votes in the election
should get the job.
While Cioloș is long gone from the EU political scene, García and Weber remain
in post — and the animosity between them has only grown, especially now that the
EPP is aligning with the far right to pass legislation.
García’s move killed Weber’s Commission ambitions, souring relations between the
two and threatening Commission chief Ursula von der Leyen’s ability to deliver
her second-term agenda, as she needs the support of senior MEPs to pass
legislation.
The pair are like “two toxic exes who had a good relationship, but Weber cheated
on García with the far right, and this makes it hard for the Socialists,” said
Manon Aubry, co-chair of The Left group in the Parliament.
Today, the dire relationship between Weber and García is the talk of the town.
For decades, the EPP and S&D — the two largest political families in Europe
— have worked hand in hand to provide stable majorities in the Parliament,
including backing a second term for von der Leyen at a time of unprecedented
crises facing the bloc. Now that stability is in doubt.
POLITICO spoke to 12 officials and lawmakers who are or have been close to the
pair. Some say the problem is personal, while others blame politics and argue
that anyone in their position would have the same relationship issues.
“Weber and García have become a problem for von der Leyen,” said a senior
Commission official, granted anonymity to speak freely, as were others in this
piece.
That’s because disagreements between their two groups could lead to less
predictable voting in the Parliament, as happened in November with the
simplification bill on green reporting rules for businesses, when the EPP sided
with the far right rather than with the centrists.
Tensions have also spilled toward von der Leyen herself, with García accusing
her of “buying into Trump’s agenda” by pushing deregulation. Center-left MEPs
have urged the Commission president to rein in Weber over his cooperation with
the far right.
RELATIONSHIP TAKES A DOWNTURN
Verbal attacks in the Parliament’s hemicycle, tensions over Spanish politics,
opposing views on the EU’s green ambitions and migration policy, and the fact
that the EPP is voting for laws with the far right have eroded what started as a
promising relationship.
Weber “will never get over the big treason when Iratxe backstabbed him on the
Commission presidency,” said a senior EPP MEP.
“Everyone needs to stay calm and keep emotions out of it,” said a senior
Socialist MEP, noting that many lawmakers, including commissioners, often
express concern about the emotional undertones of the relationship.
Manfred Weber “will never get over the big treason when Iratxe backstabbed him
on the Commission presidency,” said a senior EPP MEP. | Filip Singer/EPA
Publicly, both insist relations are just fine. “I really appreciate the strong
leadership of Iratxe, she’s a tough representative,” Weber told POLITICO,
describing the relationship as in a “great state.”
“I can confirm that we have good and regular talks to each other, but we also
see our different political positioning,” he added.
García also played down the perceived friction, saying the pair have a “working
relationship” and “try to understand each other,” while stressing that despite
their differences, it is “much more normalized than you might think from the
outside.”
The reality, according to MEPs and staffers close to the pair, is that six years
of working side by side have eroded trust.
Weber sees García as incapable of delivering on her promises due to the S&D’s
internal divisions and weakness, as it has lost power and influence across
Europe; García views Weber as power-hungry and willing to empower the far right
at the expense of the center.
PERSONAL ATTACKS
In her September 2025 State of the Union address, von der Leyen tried to bridge
the widening rifts between the EPP and the Socialists by giving policy wins to
both sides and calling for unity.
But her efforts came to nothing as Weber and García exchanged personal attacks
on the hemicycle floor, each blaming the other for the instability of the
pro-European coalition.
Weber accused Garcia and the Socialists of “harming the European agenda.” During
her remarks, the S&D chief shot back: “You know who is responsible for the fact
that this pro-European alliance … does not work in this Parliament? It has a
name and surname. It is called Manfred Weber.”
The exchange reflected a relationship under strain, as the EPP pushed
deregulation, weaker green rules, and a crackdown on migration backed by
far-right votes after the 2024 election shifted the Parliament to the right.
Sidelined by that new math, the Socialists have increasingly felt alienated and
have hardened their attacks on von der Leyen for embracing a right-wing
deregulation agenda, and on Weber for empowering the far right in general.
“The only way for Iratxe to survive is to be more aggressive with EPP and with
Manfred,” said a former centrist lawmaker, who argued that García is leaning on
rhetoric to rally her base as concrete wins are in such short supply.
For his part, Weber is unapologetic about sidelining traditional centrist
allies, arguing that the end — tackling policy issues the far right has
weaponized against the EU, notably migration and overregulation — justifies the
means.
“He could not be Commission president so he has been pushing to be a power
broker from the Parliament, which means he needs to show he can push for
whatever EPP wants, which includes using the far right,” a second senior EPP MEP
said of Weber.
BETRAYAL
Weber and García started their collaboration after the election in 2019, when
the latter was chosen as the group leader of S&D after serving as an MEP since
2004 and chair of the committee on women’s rights between 2014 and 2019.
For the first two years they were united in their goals of delivering on the
Green Deal and addressing the Covid-19 pandemic, but the relationship began to
deteriorate in the second half of the term.
In a mid-term reshuffle of the Parliament’s top posts, Weber struck a backroom
deal with the liberals of Renew and The Left to keep the powerful position of
the Parliament’s secretary-general in the hands of the EPP. García had wanted
the job for S&D because the previous secretary-general was from the EPP, as is
Roberta Metsola, who was about to become the Parliament’s president.
Ursula von der Leyen tried to bridge the widening rifts between the EPP and the
Socialists by giving policy wins to both sides and calling for unity. | Ronald
Wittek/EPA
“This was a moment of tension because she really thought she would get it … she
took it very personally,” said the senior Socialist MEP. “Her position in the
group was also affected by that; she got a lot of criticism.”
Spanish Prime Minister Pedro Sánchez’s reelection in 2023 further strained
relations. Weber has for years been betting on the fall of Sánchez, backing
Spain’s EPP-aligned opposition (the People’s Party, or PP) and giving them free
rein in the Parliament to attack the Spanish Socialist Party, knowing that the
EPP would be boosted with an EPP party in power in Madrid.
“He does everything the People’s Party wants,” said a liberal Parliament
official, who added that “every time Spain is on the agenda, it becomes a
nightmare, everyone screaming.”
The most recent example came in November, when the EPP sided with far-right
groups to cancel a parliamentary visit to Italy to monitor the rule of law in
the country, while approving one to Spain — sparking an outcry from García, whom
EPP MEPs frame as Sánchez’s lieutenant in Brussels.
“It generates a toxic dynamic,” echoed the first senior EPP MEP.
BREAKING POINT
The Spanish issue came to the fore during the 2024 hearings for commissioners,
when MEPs grill prospective office-holders to see if they are up to the task.
Under pressure from his Spanish peers, Weber and the EPP went in hard on
Sánchez’s deputy Teresa Ribera, blaming her for deadly floods in Valencia in
October 2024.
While the EPP wanted to take down Ribera, the Socialists hoped to make life
difficult for Italy’s Raffaele Fitto, who was put forward by Prime Minister
Giorgia Meloni. While Fitto is not from the EPP (he’s from the European
Conservatives and Reformists), his nomination was supported by Weber. In the
end, the S&D went easier on Fitto in order to save Ribera from further attacks.
After weeks of tensions — with both Weber and García visibly furious and
blasting each other in briefings to the press — both Ribera and Fitto were
confirmed as commissioners.
The struggle highlighted that the old alliance between the EPP and the S&D was
cracking, with Weber snubbing García and instead teaming up with the far right.
While they still meet to coordinate parliamentary business — often alongside
Renew leader Valérie Hayer and von der Leyen — the partnership is far less
effective than before.
“It’s very clear they’re no longer running Parliament the way they used to,”
said The Left’s Aubry.
The breakdown has injected instability into the Parliament, with the once
well-oiled duo no longer pre-cooking decisions, making outcomes more
unpredictable. Aubry said meetings of group leaders used to take place with a
deal already struck — “political theater,” as she put it.
“Now we walk in and don’t know where we’ll end up,” Aubry added.
“While they get along personally, the results of that cooperation are not that
good,” said the second EPP MEP, adding that the alliance between the EPP and the
S&D has “not really delivered.”
LOOKING AHEAD TO YET MORE BATTLES
The next reshuffle of top Parliament jobs is in 2027, and Weber and García are
already haggling over who will get to nominate the next Parliament president.
The EPP is expected to try to push for Metsola getting a third term, but the
Socialists claim it’s their turn per a power-sharing agreement after the 2024
election. Officials from the EPP deny such an agreement exists while officials
from Renew and the S&D say it does, although no one could show POLITICO any
documentation.
The EPP is expected to try to push for Roberta Metsola getting a third term, but
the Socialists claim it’s their turn per a power-sharing agreement after the
2024 election. | Ronald Wittek/EPA
That’s a major headache for García. The S&D’s Italian and German delegations are
itching to get leadership positions, and if the Parliament presidency is off the
table they could try to replace her as party chief.
With tensions simmering, one Parliament official close to the pair half-joked
that García and Weber should settle things over an after-work drink — but it
seems the détente will have to wait.
“I’d definitely go for a drink,” Weber said with a nervous laugh before noting
that both are “so busy” it probably won’t happen. García, also laughing, was
even less committal: “I’ve become a real homebody. I don’t go out for drinks
anymore.”
BRUSSELS — Nothing to see here.
That was the message from NATO chief Mark Rutte on Monday, just days after U.S.
President Donald Trump doubled down on his threats to take Greenland by force —
a move that Denmark cautioned would spell the end of the transatlantic military
alliance.
NATO is “not at all” in crisis, Rutte told reporters during a visit to Zagreb,
brushing off the standoff and saying: “I think we are really working in the
right direction.”
Trump on Friday warned the U.S. “may” have to choose between seizing Greenland
and keeping NATO intact, marking the latest escalation of his long-running
campaign to grab the giant Arctic island. Controlling Greenland is “what I feel
is psychologically needed,” he added.
The U.S. president’s bellicose rhetoric has put the alliance on the brink of an
existential crisis, with the prospect of a military attack against an alliance
member jolting NATO into largely uncharted waters.
EU defense chief Andrius Kubilius on Monday echoed those concerns. Any military
takeover would be “the end of NATO,” he said, and have a “very deep negative
impact … on our transatlantic relations.”
Alongside its oil and critical mineral deposits, Trump has previously cited
swarms of Russian and Chinese vessels near Greenland as driving the U.S.’s need
to control the island.
Experts and intelligence reports largely dismiss those claims. But Rutte said
there was “a risk that Russians and the Chinese will be more active”
regionally.
“All allies agree on the importance of the Arctic and Arctic security,” he said,
“and currently we are discussing … how to make sure that we give practical
follow-up on those discussions.”
On Wednesday, NATO countries asked the alliance to look into options for
securing the Arctic, including shifting more military assets to the region and
holding more military exercises in Greenland’s vicinity. The U.K. and Germany
are reportedly in talks to send troops to the self-ruling Danish territory in an
attempt to assuage Washington’s concerns.
Greenland’s Prime Minister Jens-Frederik Nielsen on Monday also said the
territory “increase its efforts to ensure that the defense of Greenland takes
place under the auspices of NATO.”
Croatian Prime Minister Andrej Plenković, speaking alongside Rutte, said that
“allies have to respect each other, including the U.S. as the largest NATO
member.”
But Rutte also heaped praise on the U.S. president, underscoring the
near-impossible tightrope he continues to tread as he attempts to speak for all
32 members of the alliance.
“Donald Trump is doing the right things for NATO by encouraging us all to spend
more to equalize this,” he said, referencing the alliance’s defense spending
target of 5 percent of GDP, agreed last year after intense pressure from Trump.
“As [NATO] secretary-general, it is my role to make sure that the whole of the
alliance is as secure and safe as possible,” he said.
NATO has previously survived the 1974 Turkish invasion of Greek-allied Cyprus, a
series of naval confrontations between the U.K. and Iceland over cod and several
territorial disputes in the Aegean Sea between Greece and Turkey climaxing in
1987. But an outright attack by its biggest and most well-armed member against
another would be unprecedented.
“No provision [in the alliance’s 1949 founding treaty] envisions an attack on
one NATO ally by another one,” said one NATO diplomat, who was granted anonymity
to speak freely. It would mean “the end of the alliance,” they added.
Cyprus’ corruption scandal continued to explode on Monday as the president’s top
aide resigned.
President Nikos Christodoulides’ chief of staff Charalambos Charalambous
announced his resignation citing a targeted effort to “personally harm the
president, question the government, and damage the image of our homeland.”
“My own participation, through deliberate distortions, selective excerpts, and
references in a different context, guided people to misleading conclusions [and]
is being exploited, without the intention of a sober reading of the real
information,” he said in a Facebook post.
The move comes after a secretly recorded video was posted on X on Thursday
evening, just a day after Cyprus officially assumed the presidency of the
Council of the EU, triggering a political crisis. It was not immediately
possible to find public and verifiable information confirming the real identity
of the person behind the account that posted the video.
The video includes a montage of senior figures filmed apparently describing ways
to bypass campaign spending caps with cash donations, and seemingly discussing a
scheme allowing businesspeople to access the president and first lady. One
segment made reference to helping Russians avoid EU sanctions. Charalambous,
Christodoulides’ brother-in-law, is shown explaining how to gain access to the
presidential palace.
The video also alleges that social contributions made by companies through the
AFKS fund, run by the first lady, are being misused to win preferential
treatment. On Sunday, first lady Philippa Karsera announced that she is stepping
down from the management committee of a charity fund.
The government denies the allegations made in the video and has called it
“hybrid activity” aimed at harming “the image of the government and the
country.”
Cyprus has requested assistance from specialized teams in the United States,
Israel, the United Kingdom and France to help it investigate the οrigin of the
video and who created it, according to the Cyprus News Agency.
Cyprus’ first lady Philippa Karsera announced on Sunday that she is stepping
down from the management committee of a charity fund amid corruption
allegations.
In a post on her Facebook page, Karsera said she’ll formally announce her
resignation during a committee meeting of the Independent Social Support Agency
(AFKS) on Monday. She cited an “unrelenting attack” against her and her family
on social media over the past days and added that she has sought legal advice.
The move comes after a secretly recorded video was posted on X on Thursday
evening, just a day after Cyprus officially assumed the presidency of the EU
Council, triggering a political crisis.
The video includes a montage of senior figures filmed apparently describing ways
to bypass campaign spending caps with cash donations, and seemingly discussing a
scheme allowing businesspeople to access the president and first lady. One
segment made reference to helping Russians avoid EU sanctions. It alleges that
social contributions made by companies through the AFKS fund that the first lady
runs are being misused to win preferential treatment.
The government denies the allegations made in the video and has called it
“hybrid activity” aimed at harming “the image of the government and the
country.”
Cyprus has requested assistance from specialized teams in the United States,
Israel, the United Kingdom and France to help it investigate the οrigin of the
video and who created it, according to the Cyprus News Agency.
“The First Lady’s resignation came with three days’ delay, while the director of
the president’s office remains in his position,” said opposition party AKEL in a
statement, adding that the government continues to refuse to disclose the names
of those who donated to the fund.
The political parties that support the country’s coalition government are
considering withdrawing their support, according to local media.
Cyprus is set to hold parliamentary elections in May while the next presidential
election is scheduled for 2028.
BRUSSELS — European governments have launched a two-pronged diplomatic offensive
to convince Donald Trump to back away from his claims on Greenland: by lobbying
in Washington and pressing NATO to allay the U.S. president’s security concerns.
The latest moves mark an abrupt change in Europe’s response to Trump’s threats,
which are fast escalating into a crisis and have sent officials in Brussels,
Berlin and Paris scrambling to sketch out an urgent way forward. Until now they
have attempted to play down the seriousness of Trump’s ideas, fearing it would
only add credence to what they hoped was mere rhetoric, but officials involved
in the discussions say that has now changed.
As if to underscore the shift, French President Emmanuel Macron became the most
powerful European leader so far to starkly set out the challenges facing the
continent.
“The United States is an established power that is gradually turning away from
some of its allies and breaking free from the international rules that it used
to promote,” Macron said in his annual foreign policy address in Paris on
Thursday.
Trump ratcheted up his rhetoric this week, telling reporters on Sunday night “we
need Greenland from the standpoint of national security.” The president has
repeatedly refused to rule out military intervention, something Denmark has
said would spell the end of NATO ― an alliance of 32 countries, including the
U.S., which has its largest military force. Greenland is not in the EU but is a
semi-autonomous territory in the Kingdom of Denmark, which is an EU member.
Most of the diplomacy remains behind closed doors. The Danish ambassador to the
U.S., Jesper Møller Sørensen, and the Greenlandic representative in Washington,
Jacob Isbosethsen, held intensive talks with lawmakers on Capitol Hill.
The two envoys are attempting to persuade as many of them as possible that
Greenland does not want to be bought by the U.S. and that Denmark has no
interest in such a deal, an EU diplomat told POLITICO. In an unusual show of
dissent, some Trump allies this week publicly objected to the president’s
proposal to take Greenland by military force.
Danish officials are expected to provide a formal briefing and update on the
situation at a meeting of EU ambassadors on Friday, two EU diplomats said.
RUSSIAN, CHINESE INFLUENCE
At a closed-door meeting in Brussels on Thursday, NATO ambassadors agreed the
organization should reinforce the Arctic region, according to three NATO
diplomats, all of whom were granted anonymity to talk about the sensitive
discussions.
Trump claimed the Danish territory is exposed to Russian and Chinese influence,
and cited an alleged swarm of threatening ships near Greenland as a reason
behind Washington’s latest campaign to control the territory. Experts largely
dispute those claims, with Moscow and Beijing mostly focusing their defense
efforts — including joint patrols and military investment — in the eastern
Arctic.
But U.S. Vice President JD Vance told reporters Thursday that Trump wants Europe
to take Greenland’s security “more seriously,” or else “the United States is
going to have to do something about it.”
Europeans see finding a compromise with Trump as the first and preferred option.
A boosted NATO presence on the Arctic island might convince the U.S. president
that there is no need to own Greenland for security reasons.
The Danish ambassador to the US and the Greenlandic representative in Washington
held intensive talks with lawmakers on Capitol Hill. | Kevin Carter/Getty Images
The NATO envoys meeting Thursday floated leveraging intelligence capabilities to
better monitor the territory, stepping up defense spending to the Arctic,
shifting more military equipment to the region, and holding more military
exercises in the vicinity.
The request for proposals just days after the White House’s latest broadside
reflects how seriously Europe is taking the ultimatum and the existential risk
any incursion into Greenland would have on the alliance and transatlantic ties.
NATO’s civil servants are now expected to come up with options for envoys, the
alliance diplomats said.
Thursday’s meeting of 32 envoys veered away from direct confrontation, the three
NATO diplomats said, with one calling the mood in the room “productive” and
“constructive.”
Denmark’s ambassador, who spoke first, said the dispute was a bilateral issue
and instead focused on the recent successes of NATO’s Arctic strategy and the
need for more work in the region, the diplomats said — a statement that received
widespread support.
The Greenland issue was also raised at a closed-door meeting of EU defense and
foreign policy ambassadors on Thursday even though it wasn’t on the formal
agenda, the two EU diplomats said. The bloc’s capitals expressed solidarity with
Denmark, they added.
Jacopo Barigazzi contributed reporting.
PARIS — French Budget Minister Amélie de Montchalin refused on Thursday to rule
out using a controversial constitutional maneuver to pass a state budget for the
year, despite her boss’ vow not to do so.
France entered 2026 without a proper state budget after talks in parliament
broke down in December, and the new year has brought little assurance that the
government can put together a package that would pass France’s hung parliament.
Given the impasse, some lawmakers have called on Prime Minister Sébastien
Lecornu to employ the clause, Article 49.3 of the French constitution, to pass a
proper state budget. De Montchalin was asked specifically about that possibility
during an interview with radio station RTL, to which she replied: “I am not
ruling out anything that could provide France with a budget.”
Lawmakers last year voted to effectively roll over the 2025 budget into the new
year to avoid a government shutdown, but that stopgap solution does nothing
to bring down France’s massive budget deficit.
Lecornu promised not to use the clause last year to ensure the immediate
survival of his minority center-right government. But using the mechanism now
would be risky, and not just because it might look like going back on his word.
Employing it would dramatically raise the stakes of the debate, as lawmakers’
only remaining option to block the legislation would be to respond with a no
confidence motion that, if successful, would leave France with neither a
government nor a proper state budget.
The center-left Socialist Party, a member of the opposition that has proven more
willing to engage in talks than other parties, said it could refrain from
backing a motion of no confidence even if the government were to use Article
49.3, provided the legislation forced through parliament included some of its
policy requests.
Vice President JD Vance on Sunday defended the Trump administration’s military
operation in Venezuela and capture of Venezuelan President Nicolas Maduro as
part of the efforts to reduce fentanyl trafficking into the U.S.
His defense comes as some Republican lawmakers broach skepticism toward the
White House’s use of the fentanyl crisis as a justification for the aggressive
military intervention. The vast majority of fentanyl smuggled into the
U.S. originates in Mexico and China, according to federal law enforcement.
Vance pushed back on claims that the operation in Venezuela had “nothing to do
with drugs” in a social media post on Sunday, arguing that combating drug
trafficking in Venezuela aids the administration’s broader response to the
fentanyl crisis on multiple fronts.
Vance claimed that some fentanyl does flow to the U.S. from Venezuela, but
argued that cocaine trafficking from the country helps prop up cartels. Maduro
was indicted on narcoterrorism charges and conspiracy to import cocaine upon his
arrival in the U.S. on Saturday.
“Cocaine, which is the main drug trafficked out of Venezuela, is a profit center
for all of the Latin America cartels,” Vance wrote on X. “If you cut out the
money from cocaine (or even reduce it) you substantially weaken the cartels
overall. Also, cocaine is bad too!”
Rep. Thomas Massie (R-Ky.), a frequent Trump administration critic who has
opposed U.S. military actions abroad in the past, disputed that theory in a
social media post and urged supporters of President Donald Trump to reject
Vance’s argument.
“Wake up MAGA. VENEZUELA is not about drugs; it’s about OIL and REGIME CHANGE.
This is not what we voted for,” Massie wrote on social media on Sunday.
Rep. Marjorie Taylor Greene (R-Ga.), who is resigning from Congress on Monday
following a schism with the president, said the Trump administration should be
focused on Mexico if they’re serious about preventing the flow of fentanyl into
the U.S.
“The majority of American fentanyl overdoses and deaths come from Mexico. Those
are the Mexican cartels that are killing Americans,” Greene told NBC’s “Meet the
Press” on Sunday. “And so my pushback here is if this was really about
narcoterrorists and about protecting Americans from cartels and drugs being
brought into America, the Trump administration would be attacking the Mexican
cartels.”
Vance defended the Trump administration’s response in Mexico while acknowledging
that “a lot of fentanyl is coming out of Mexico,” arguing the nation “continues
to be a focus.” He pointed to the president’s actions to restrict immigration
via the southern border as a primary response to the flow of fentanyl from
Mexico.
HOW DO BULGARIANS FEEL ABOUT JOINING THE EURO?
The Balkan nation is sharply divided about bidding farewell to the lev.
Text by BORYANA DZHAMBAZOVA
Photos by DOBRIN KASHAVELOV
in Pernik, Bulgaria
Bulgaria is set to adopt the EU’s single currency on Jan. 1, but polling shows
the Balkan nation is sharply divided on whether it’s a good thing.
POLITICO spoke to some Bulgarians about their fears and hopes, as they say
goodbye to their national currency, the lev. Their comments have been edited for
length.
ANTON TEOFILOV, 73
Vendor at the open-air market in Pernik, a small city 100 kilometers from Sofia
What do you think about Bulgaria joining the eurozone?
We are a different generation, but we support the euro. We’ll benefit hugely
from joining the eurozone. It will make paying anywhere in the EU easy and
hassle-free. It would be great for both the economy and the nation. You can
travel, do business, do whatever you want using a single currency — no more
hassle or currency exchanges. You can go to Greece and buy a bottle of ouzo with
the same currency.
What do you think will change in your everyday life once the euro replaces the
lev?
I don’t expect any turbulence — from January on we would just pay in euros. No
one is complaining about the price tags in euros, and in lev at the moment.
Are you more hopeful or worried about the economic impact of switching to the
euro? Why?
The lev is a wonderful thing, but its time has passed; that’s just how life
works. It will be much better for the economy to adopt the euro. It will be so
much easier to share a common currency with the other EU countries.
Now, if you go to Greece, as many Bulgarians do, you need to exchange money.
After January – wherever you need to make a payment – either going to the store,
or to buy produce for our business, it would be one and the same.
What would you like politicians and institutions to do to make the transition
easier for ordinary people?
The state needs to explain things more clearly to those who are confused. We are
a people who often need a lot of convincing, and on top of that, we’re a divided
nation.
If you ask me, we need to get rid of half the MPs in Parliament – they receive
hefty salaries and are a burden to taxpayers, like parasites, without doing any
meaningful work.
Do you think joining the eurozone will bring Bulgaria closer to Europe
culturally or politically?
There are 27 member states, and we will become one with them. There will be no
difference between Germany and us—we’ll be much closer to Europe.
I remember the 1990s, when you needed to fill out endless paperwork just to
travel, let alone to work abroad. I spent a year working in construction in
Germany, and getting all the permits and visas was a major headache. Now things
are completely different, and joining the eurozone is another step toward that
openness.
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PETYA SPASOVA, 55
Orthopedic doctor in Sofia
What do you think about Bulgaria joining the eurozone?
It worries me a lot. I don’t think this is the right moment for Bulgaria to join
the eurozone. First, the country is politically very unstable, and the eurozone
itself faces serious problems. As the poorest EU member state, we won’t be
immune to those issues. On the contrary, they will only deepen the crisis here.
The war in Ukraine, the growing debt in Germany and France … now we’d be sharing
the debts of the whole of Europe. We are adopting the euro at a time when
economies are strained, and that will lead to serious disruptions and a higher
cost of living.
I don’t understand why the state insists so strongly on joining the eurozone. I
don’t think we’re ready.
What do you think will change in your everyday life once the euro replaces the
lev?
Even now, when you go to the store and look at the price of bread or other basic
foods, we see prices climbing. I’m afraid many people will end up living in
extreme poverty. We barely produce anything; we’re a country built on services.
When people get poorer, they naturally start consuming less.
I’m not worried about myself or my family. We live in Sofia, where there are
more job opportunities and higher salaries. I’m worried about people in general.
Every day I see patients who can’t even afford the travel costs to come to Sofia
for medical check-ups.
Are you more hopeful or worried about the economic impact of switching to the
euro? Why?
I’m extremely worried. I don’t want to relive the economic crisis of the 90s,
when the country was on the verge of bankruptcy.
What would you like politicians and institutions to do to make the transition
easier for ordinary people?
No one cares what people think. Many countries held referendums and decided not
to join the eurozone. I don’t believe our politicians can do anything at this
point. I’m not even sure they know what needs to be done.
Do you think joining the eurozone will bring Bulgaria closer to Europe
culturally or politically?
I feel offended when I hear this question. We’ve been part of Europe for a very
long time, long before many others. We can exchange best practices in culture,
science, education, and more, but that has nothing to do with the eurozone.
Joining can only bring trouble.
I remember years ago when I actually hoped Bulgaria would enter the eurozone.
But that was a different Europe. Now things are deteriorating; the spirit of a
united Europe is gone. I don’t want to be part of this Europe.
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SVETOSLAV BONINSKI, 53
Truck driver from Gabrovo, a small city in central Bulgaria
What do you think about Bulgaria joining the eurozone?
I’m against Bulgaria joining the eurozone. We saw how Croatia and Greece sank
into debt once they adopted the euro. I don’t want Bulgaria to go down the same
path. Greece had to take a huge loan to bail out its economy. When they still
had the drachma, their economy was strong and stable. After entering the
eurozone, many big companies were forced to shut down and inflation went through
the roof. Even the German economy is experiencing a downturn..
What do you think will change in your everyday life once the euro replaces the
lev?
I worry that there will be speculation and rising inflation. Five years ago, I
used to buy cigarettes in Slovakia at prices similar to Bulgaria. Now I can’t
find anything cheaper than €5 per pack. They saw their prices rise after the
introduction of the euro. We’ll repeat the Slovakia scenario.
Are you more hopeful or worried about the economic impact of switching to the
euro? Why?
We can already feel that things won’t end well — prices have gone up
significantly, just like in Croatia. I’m afraid that even in the first year
wages won’t be able to compensate for the rise in prices, and people will become
even more impoverished. I expect the financial situation to worsen. Our
government isn’t taking any responsibility for that.
What would you like politicians and institutions to do to make the transition
easier for ordinary people?
I hope they will make an effort. We are completely ill-equipped to adopt the
euro—all the stats and figures the government presents are lies. We must wait
until the country is ready to manage the euro as a currency. We’re doing fine
with the lev. We should wait for the economy to grow and for wages to catch up
with the rest of Europe.
The only thing the state could do to ease the process is to step down. The
current government is interested in entering the eurozone only to receive large
amounts of funding, most of which they will probably pocket themselves. The
Bulgarian lev is very stable, unlike the euro, which is quite an unstable
currency. All the eurozone countries are burdened with trillions in debt, while
those outside it are doing quite well.
Do you think joining the eurozone will bring Bulgaria closer to Europe
culturally or politically?
I don’t think so. We’ve been part of Europe for a long time. The only difference
now will be that Brussels will tell us what to do and will control our budget
and spending. Brussels will be in charge from now on. No good awaits us. Elderly
people won’t receive decent pensions and will work until we drop dead.
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NATALI ILIEVA, 20
Political science student from Pernik
What do you think about Bulgaria joining the eurozone?
I see it as a step forward for us. It’s a positive development for both society
and the country. I expect that joining the eurozone will help the economy grow
and position Bulgaria more firmly within Europe. For ordinary people, it will
make things easier, especially when traveling, since we’ll be using the same
currency.
What do you think will change in your everyday life once the euro replaces the
lev?
The transition period might be difficult at first. I don’t think the change of
currency will dramatically affect people’s daily lives – after all, under the
currency board, the lev has been pegged to the euro for years. Some people are
worried that prices might rise, and this is where the state must step in to
monitor the situation, prevent abuse, and make the transition as smooth as
possible.
As part of my job at the youth center, I travel a lot in Europe. Being part of
the eurozone would make travel much more convenient. My life would be so much
easier! I wouldn’t have to worry about carrying euros in cash or paying
additional fees when withdrawing money abroad, or wondering: Did I take the
right debit card in euros?
Are you more hopeful or worried about the economic impact of switching to the
euro? Why?
I’m more concerned that the issue will be politicized by certain parties to
further polarize society. Joining the eurozone is a logical next step – we
agreed to it by default when we joined the bloc in 2007. There is so much
disinformation circulating on social media that it’s hard for some people to see
the real facts and distinguish what’s true from what’s not.
What would you like politicians and institutions to do to make the transition
easier for ordinary people?
The state needs to launch an information campaign to make the transition as
smooth as possible. Authorities should explain what the change of currency means
for people in a clear and accessible way. You don’t need elaborate language to
communicate what’s coming, especially when some radical parties are aggressively
spreading anti-euro and anti-EU rhetoric.
Do you think joining the eurozone will bring Bulgaria closer to Europe
culturally or politically?
Yes, I think it will help the country become better integrated into Europe. In
the end, I believe people will realize that joining the eurozone will be worth
it.
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YANA TANKOVSKA, 47
Jewelry artist based in Sofia
What do you think about Bulgaria joining the eurozone?
If you ask me, the eurozone is on the verge of collapse, and now we have decided
to join? I don’t think it’s a good idea. In theory, just like communism, the
idea of a common currency union might sound good, but in practice it doesn’t
really work out. I have friends working and living abroad [in eurozone
countries], and things are not looking up for regular people, even in Germany.
We all thought we would live happily as members of the bloc, but that’s not the
reality.
What do you think will change in your everyday life once the euro replaces the
lev?
I expect the first half of next year to be turbulent. But we are used to
surviving, so we will adapt yet again. Personally, we might have to trim some
expenses, go out less, and make sure the family budget holds. I make jewelry, so
I’m afraid I’ll have fewer clients, since they will also have to cut back.
Are you more hopeful or worried about the economic impact of switching to the
euro? Why?
I’m terribly worried. The state promises there won’t be a jump in prices and
that joining the eurozone won’t negatively affect the economy. But over the past
two years the cost of living has risen significantly, and I don’t see that trend
reversing. For example, in the last three years real estate prices have doubled.
There isn’t a single person who isn’t complaining about rising costs.
What would you like politicians and institutions to do to make the transition
easier for ordinary people?
There is nothing they can do at this point. Politicians do not really protect
Bulgaria’s interests on this matter. The issue is not only about joining the
eurozone but about protecting our national interests. I just want them to have
people’s well-being at heart. Maybe we need to hit rock bottom to finally see
meaningful change.
Do you think joining the eurozone will bring Bulgaria closer to Europe
culturally or politically?
Not really. That’s up to us, not to Europe. I just want Bulgarian politicians to
finally start creating policies for the sake of society, not just enriching
themselves, to act in a way that would improve life for everyone.
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KATARINA NIKOLIC, 49, AND METODI METODIEV, 53
Business partners at a ‘gelateria’ in Sofia
What do you think about Bulgaria joining the eurozone?
Metodi: For a small business like ours, I don’t think it will make much
difference, as long as the transition to the new currency is managed smoothly. I
can only see a positive impact on the economy if things are done right. I’m a
bit saddened to say farewell to the Bulgarian lev — it’s an old currency with
its own history — but times are changing, and this is a natural step for an EU
member.
Katarina: I have lived in Italy which adopted the euro a long time ago. Based on
my experience there, I don’t expect any worrying developments related to price
increases or inflation. On the contrary, joining the eurozone in January can
only be interpreted as a sign of trust from the European Commission and could
bring more economic stability to Bulgaria. I also think it will increase
transparency, improve financial supervision, and provide access to cheaper
loans.
What do you think will change in your everyday life once the euro replaces the
lev?
Metodi: I don’t think there will be any difference for our business whether
we’re paying in euros or in leva. We’ve been an EU member state for a while now
and we’re used to working with both local and international suppliers. It will
just take some getting used to switching to one currency for another. But we are
already veterans — Bulgarian businesses are very adaptive — from dealing with
renominations and all sorts of economic reforms.
I’m just concerned that it might be challenging for some elderly people to adapt
to the new currency and they might need some support and more information.
Katarina: For many people, it will take time to get used to seeing a new
currency, but they will adapt. For me, it’s nothing new. Since I lived in Italy,
where the euro is used, I automatically convert to euros whenever Metodi and I
discuss business.
Are you more hopeful or worried about the economic impact of switching to the
euro? Why?
Metodi: The decision has already been taken, so let’s make the best of it and
ensure a smooth transition. I haven’t exchanged money when traveling in at least
10 years. I just use my bank card to pay or withdraw cash if I need any.
Katarina: I remember that some people in Italy also predicted disaster when the
euro was introduced, and many were nostalgic about the lira. But years later,
Italy is still a stable economy. I think our international partners will look at
us differently once we are part of the eurozone.
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What would you like politicians and institutions to do to make the transition
easier for ordinary people?
Metodi: I think the authorities are already taking measures to make sure prices
don’t rise and that businesses don’t round conversions upward unfairly. For
example, we may have to slightly increase the price of our ice cream in January.
I feel a bit awkward about it because I don’t want people to say, “Look, they’re
taking advantage of the euro adoption to raise prices.” But honestly, we haven’t
adjusted our prices since we opened three years ago.
I’m actually very impressed by how quickly and smoothly small businesses and
market sellers have adopted double pricing [marking prices in lev and euros]. I
know how much work that requires, especially if you’re a small business owner.
Katarina: It’s crucial that the state doesn’t choke small businesses with
excessive demands but instead supports them. I believe that helping small
businesses grow should be a key focus of the government, not just supervising
the currency swap. My hope is that the euro will help the Bulgarian economy
thrive. I love Bulgaria and want to see it flourish. I’m a bit more optimistic
than Metodi, I think the best is yet to come.
Do you think joining the eurozone will bring Bulgaria closer to Europe
culturally or politically?
Metodi: I think so. Despite some criticism, good things are happening in the
country, no matter who is in power. We need this closeness to truly feel part of
Europe.
Katarina: The euro is a financial and economic instrument. Adopting it won’t
change national cultural identity, Bulgarians will keep their culture. I’m a
true believer in Europe, and I think it’s more important than ever to have a
united continent. As an Italian and Serbian citizen, I really appreciate that
borders are open and that our children can choose where to study and work. In
fact, our gelateria is a great example of international collaboration: we have
people from several different countries in the team.