What people THINK is irrelevant. The euro has shown crisis after crisis that it can survive. Time to stop naysaying and to start appreciating what we have on our hands – the best thing that has happened to Europe since 1957.
TronaldDamp on
Who cares about bulgarian opinion on euro?
Maeglin75 on
I don’t think lack of stability was ever considered a problem of the Euro.
If anything, the lack of flexibility of the common currency can be a disadvantage for individual countries in certain situations.
All in all the Euro is still a big advantage for the EU and its members.
Sgran70 on
I’m adding this to my list of things that prove you can’t get everyone to agree on anything
ReadToW on
I remember this article by a journalist from Sofia. I hope Bulgarians will withstand information attacks on this topic
Adopting the euro for Bulgaria is a good thing. It’s stable, provides lower interest rates, and makes trading more efficient (no need to exchange or better spreads).
Where will be temporary negative side effects – prices will go up. At least in Lithuania, we had an increase of prices first, but then after that salaries started to go up as well (many more factors added to this, but Eruo def helped.).
Lev is also pegged to euro, so Bulgaria has to actively manage the peg, this is not going to be needed anymore.
HallInternational434 on
The history of the currency is there…
tgh_hmn on
Euro will bringh growth and a lot more prosperity to Bulgaria.
10 Comments
What people THINK is irrelevant. The euro has shown crisis after crisis that it can survive. Time to stop naysaying and to start appreciating what we have on our hands – the best thing that has happened to Europe since 1957.
Who cares about bulgarian opinion on euro?
I don’t think lack of stability was ever considered a problem of the Euro.
If anything, the lack of flexibility of the common currency can be a disadvantage for individual countries in certain situations.
All in all the Euro is still a big advantage for the EU and its members.
I’m adding this to my list of things that prove you can’t get everyone to agree on anything
I remember this article by a journalist from Sofia. I hope Bulgarians will withstand information attacks on this topic
https://www.veridica.ro/en/acf/the-euro-is-poised-to-become-the-next-target-of-disinformation-in-bulgaria
Adopting the euro for Bulgaria is a good thing. It’s stable, provides lower interest rates, and makes trading more efficient (no need to exchange or better spreads).
Where will be temporary negative side effects – prices will go up. At least in Lithuania, we had an increase of prices first, but then after that salaries started to go up as well (many more factors added to this, but Eruo def helped.).
Lev is also pegged to euro, so Bulgaria has to actively manage the peg, this is not going to be needed anymore.
The history of the currency is there…
Euro will bringh growth and a lot more prosperity to Bulgaria.
[Meanwhile the ruble.](https://www.cnbc.com/quotes/RUB=)
I’m sure those 26% have their reasons, but I sorely disagree with them.