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Serbia's government has given Russian-owned NIS 50 days to sell its stake or face nationalization, as US sanctions threaten oil supplies. Bulgaria's largest refinery also faces shutdown risks due to sanctions on Russian companies, prompting government intervention and negotiations with potential buyers. The situation highlights regional energy security concerns.
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Tanzania's government canceled Independence Day celebrations amid ongoing protests over the October election, which opposition and rights groups say led to hundreds of deaths. Authorities have detained activists and supporters, imposed internet blackouts, and warned against planned protests, raising concerns over human rights and political repression.
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Bulgaria's government resigned ahead of a no-confidence vote amid mass protests over corruption, economic mismanagement, and unpopular budget plans. The protests, involving over 100,000 people, reflect widespread dissatisfaction as Bulgaria prepares to join the eurozone on January 1, 2026. President Rumen Radev is expected to appoint a caretaker government and set new elections.
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On January 1, 2026, Bulgaria officially switched from the lev to the euro, marking a major step in EU integration. The move comes despite political instability, protests, and public skepticism about inflation and national identity. The transition aims to boost trade and stability, but faces domestic opposition.
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Bulgaria's President Rumen Radev announced his resignation amid ongoing political instability and protests. He will submit his resignation to the Constitutional Court, paving the way for new elections. Radev has been a key figure during Bulgaria's recent political deadlock and anti-corruption protests, opposing euro adoption and military aid to Ukraine.