Who Will Guard Bulgaria’s Gold and Reserves After the Euro?

In Bulgaria, the adoption of the euro will bring changes not only to cash circulation, prices, wages, and banking, but also to the management of the country’s “national treasure” - the foreign currency and gold reserves held by the Bulgarian National Bank (BNB).These reserves, often seen as a measure of economic strength and stability, naturally raise questions ahead of the euro transition: will Bulgaria lose its reserves? Could the government tap them to reduce national debt? In this article, we clarify how Bulgaria’s reserves will be handled under the euro, dispelling common misconceptions and outlining how their security will be preserved.From Currency Board to Active Investment...Weiter zum vollständigen Artikel bei Novinite Weiter zum vollständigen Artikel bei Novinite