Bulgaria plus the Euro: All of your current Inquiries Responded

Bulgaria plus the Euro: All of your current Inquiries Responded

Some tips about what the fresh new diplomat and you may specialist into worldwide and Balkan activities Radoslav Tochev told you within the an opinion to possess BGNES.

The point of any unmarried currency like the Euro would be the fact if the economies from certain regions was well enough incorporated, homogeneous and you will change primarily collectively, folk advantages from lacking the extra exchange costs associated with the fresh new particular currencies.

Having Bulgaria especially, next to nothing

In the place of realizing it, i have effortlessly experienced the newest Euro savings for over 25 ages. Despite the introduction of the Currency Panel in 1997, this new Bulgarian Lev (BGN) was just a formal “avatar” otherwise an excellent Bulgarian brand name, basic to your German draw, right after which with the euro. The fresh lev does not have any separate “life” of its own, zero real financial definition features good “doomed” upcoming. To your Currency Panel, we have willingly deprived ourselves your financial plan, and national lev owes the stability just to the truth that you to definitely. Lees meer