Степен на номинална и реална конвергенция между Република България и страните от икономическия и паричен съюз (ИПС). Влияние на кризата на държавните дългове върху процеса на присъединяване на България към ИПС
Nominal and Real Convergence Level Between Bulgaria and the Countries in the Economic and Monetary Union (EMU). Influence of the Sovereign Debt Crisis on the Bulgarian Accession Process to the EMU

Author(s): Silvia Kirova
Subject(s): Politics / Political Sciences, Politics, Economy, National Economy, Supranational / Global Economy, EU-Accession / EU-DEvelopment, Public Finances
Published by: Университет за национално и световно стопанство (УНСС)
Keywords: Bulgaria; Euro Area; Eurozone; Euro; Economic and Monetary Union; EMU
Summary/Abstract: The strategic goal for the Republic of Bulgaria after its accession to the European Union (EU) is the adoption of the euro and full membership in the EMU. The sovereign debt crisis in the Eurozone (EU) has pushed EMU enlargement issues into the background and has seriously affected the motivation of countries with a derogation. This report aims to present the progress made in the nominal and real convergence between Bulgaria and the EU in the period 1999-2010. In terms of real convergence, a comparison was made between the performance of Bulgaria and other countries with a derogation from Central and Eastern Europe (CEE). An assessment of the impact of the sovereign debt crisis in the Eurozone on the process of Bulgaria's accession to EMU is also presented.

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