Euro Day Concerns: Rising Prices and Coin Shortages Worry Bulgarian Businesses
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Economist Stoyan Panchev from the Expert Club for Economics and Politics told Bulgarian National Radio that while the immediate technical issues of converting the lev to the euro are manageable, the bigger concern lies in structural, long-term inflation. Drawing from Croatia’s experience, Panchev predicts that price increases are likely to continue in Bulgaria, especially as the absence of a national currency and the removal of the currency board will shape economic policy for years to come.“The rounding issues with the euro will resolve within six months, but the significant structural changes from entering the eurozone will influence our economy in the years ahead,” Panchev said....Weiter zum vollständigen Artikel bei Novinite
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