Business in Bulgaria insists on the more recent accession of our country to the euro area. Do you see underwater stones that Bulgarian business does not see so far in this optimistic aspiration to abandon our national currency?
When it comes to economic and financial conditions in a country, and not only in the short term, but also in the long term, no one is more far-sighted than business. This is about pragmatism, not unnecessary optimism. The voice of business is a voice of common sense. It would be good for politicians to listen more to it.
Economists are of the opinion that in general Bulgaria has not approached competitiveness, standard of living and other indicators to the countries of the euro area, before us on these criteria are a number of other EU member states that are in no hurry to join. Does it make sense for you to want to get ahead of them?
Bulgaria will hardly achieve economic development and standard of living in the euro area if it stands outside the periphery of the EU. So far, 20 countries have joined the eurozone and 7, including Bulgaria, are out of it. What is the logic of wanting to be last in this process? I am confident that joining the euro area will accelerate convergence processes with all the positive effects on the economy and standard of living.
