THE APPLICATION OF BULGARIA FOR THE EURO AREA IN 
THE CONTEXT OF THE DEBT CRISIS Cover Image

КАНДИДАТСТВАНЕ НА БЪЛГАРИЯ В ЕВРОЗОНАТА В КОНТЕКСТА НА ДЪЛГОВАТА КРИЗА
THE APPLICATION OF BULGARIA FOR THE EURO AREA IN THE CONTEXT OF THE DEBT CRISIS

Author(s): Viktor Dinev
Subject(s): Economy
Published by: ЮГОЗАПАДЕН УНИВЕРСИТЕТ »НЕОФИТ РИЛСКИ«
Keywords: Maastricht convergence criteria; Bulgaria; Euro area debt crisis

Summary/Abstract: The coverage of the Maastricht convergence criteria by Bulgaria has been examined for the period 2010-2015.The study results suggest that Bulgaria can successfully fulfill these criteria and join the Euro area in the coming years. An application of Bulgaria for the Euro area is recommended by 2017 while preserving the currency board arrangement and maintaining a moderate budget deficit. It is necessary to chart a road map for the country's accession to the Euro area and to make a public debate on the problem.

  • Issue Year: 12/2016
  • Issue No: 2
  • Page Range: 142-154
  • Page Count: 13
  • Language: Bulgarian