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Bulgaria's macroeconomic stability is at the cost of low income

04 March 2013 / 22:03:52  GRReporter
5128 reads

What is your position on the accession of Bulgaria to the euro zone?

Bulgaria meets most of the criteria of the Maastricht Treaty anyway and the accession to the euro zone will not change the situation very much. I do not think that entering the monetary union will have a dramatic effect because the economy is closely tied to the euro already. I do not expect any developments as regards this issue in the short term. The dialogue can be renewed at the first signs of stabilisation, which we do not expect to appear before 2014. Perhaps Bulgarian politicians will make a step in this direction after two-three years.

Tags: EconomyMarketsGreeceBulgariaProtests
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