Dombrovsky: I am a moderate optimist for Bulgaria’s accession to the euro area in 2026.
« I am a moderate optimist for Bulgaria’s accession to the euro area next year, » the Executive Deputy Chairman with the Economics in the interest of the people said in an interview with the BBC in the European Commission, Valdis Dombrovski. He added that Bulgaria had met three of the four convergence criteria last year.
« The main question remains the inflation criterion that is on the border and we need to see the official data that will come out before we can finalize the convergence report and make a definite conclusion, » says Dombrovski.
In response to a question, he points out that Latvia’s experience shows that euro area membership strongly supports the stability and stability of the economy and finance in earthquakes. « Joining the euro will also give you the practical benefits-better sustainability, lower costs for currency transactions, lower interest rates-all those advantages that come with entering the euro area, » the Latvian stresses.
Everything you need to know about the adoption of the euro in Bulgaria
He notes that after the Euro area countries enter them, public support for the euro has increased significantly. « Because many of the concerns before the admission of the euro do not materialize and people begin to evaluate the practical benefits, » he explains.
