BULGARIA’S FINANCIAL INTEGRATION INTO THE EUROZONE –ADVANTAGES AND RISKS
Author:
Abstract:
The process of preparing for the introduction of the euro represents a key stage in the deepening of the economic and institutional integration of the Republic of Bulgaria into the European Union. This article examines the economic arguments for and against, specific macroeconomic indicators and key risks, as well as policy recommendations for accession. An assessment of the historical development of the process, the chronology of the main stages of the transition period is made. The material examines in detail the prerequisites for the acceptance of our country, the main advantages and risks, and a comparison is made with other European Union countries that have entered the Eurozone in recent years. The successful implementation of this process will consolidate the country’s place at the 80 core of European integration, contribute to higher financial stability and open up new opportunities for economic growth and investment.
Keywords:
JEL:
Е62, Е65, F15
Pages:
12
Article:
