SOME CONSEQUENCES OF BULGARIA’S NON-MEMBERSHIP IN THE EURO AREA Cover Image

НЯКОИ ЕФЕКТИ НА БЪЛГАРСКОТО НЕ-ЧЛЕНСТВО В ЕВРОЗОНАТА
SOME CONSEQUENCES OF BULGARIA’S NON-MEMBERSHIP IN THE EURO AREA

Author(s): Krasimira Naydenova
Subject(s): Economy, Business Economy / Management
Published by: Стопанска академия »Д. А. Ценов«
Keywords: Eurozone; European Union; euro; interest rate; government debt

Summary/Abstract: The accession of Bulgaria to the Eurozone has been a problem for 10 years now, and the non-persistent attempts of the Bulgarian governments have faced the organized opposition of the European institutions. The rules for adopting the European currency are known, but they seem unread, and the political interpretation of the full-scale criteria has placed Bulgaria outside the “inner” European club. The deprivation of our country from Eurozone membership has not only social or political, but also financial consequences. The annual losses are significant and the national economy, financial markets and society remain only partially integrated.

  • Issue Year: 8/2018
  • Issue No: 2-BG
  • Page Range: 177-192
  • Page Count: 16
  • Language: Bulgarian