Bulgaria Adopts Euro: Economy Boost, Price Concerns, and Shifting Perspectives
As part of the recent integration, Dimitar Radev, the Bulgarian central bank’s governor, has joined the European Central Bank’s Governing Council. While the transition allows for levs to be used for a short time, change will be given in euros. Despite Bulgaria’s EU membership and the ability to exchange levs, a recent poll indicates mixed public opinion, with concerns over price changes and a lack of readiness for the euro.
John Q. Hosedrinker